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UK Fuel Prices

 

lower new car --- record high --- stood at --- wiped out --- fuel-saving driving --- a benchmark for --- soaring crude oil prices --- reached its highest level --- push petrol prices --- back slightly --- remained buoyant


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Petrol prices have risen sharply over the past month. The average price of both unleaded petrol and diesel have yet, according to the AA Motoring Trust.The average petrol price reached 96.13p per litre on Thursday, while diesel 98.81p per litre, the AA said. Also, higher petrol costs have cost benefits from improved engine technology and prices. The average family would be paying an extra £17.74 per month compared with the beginning of the year, the AA said.
"A new petrol price record doesn't mean the end of the world for UK drivers, but they will have to start adopting more techniques to get more miles out of their tanks," said Ruth Bridger, the AA trust's petrol price analyst.
"With a bit of thought and a lighter foot on the accelerator, a 10% reduction is achievable."
On Tuesday, the boss of Britain's biggest oil company said high oil prices could even higher. BP chief executive Lord Browne said "may well create petrol prices above a pound a litre".
Oil prices have in recent months due to a combination of strong demand, worries over disruption to supplies from Nigeria and concerns over Iran's nuclear programme.
The price of US light, sweet crude oil - global oil markets - hit a of more than $75 a barrel last week, and Brent crude touched $74 before falling .