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The cheapest Edinburgh petrol prices as average cost of fuel hits 189.33p per litre

Document Cited in Related
Vincent
AuthorKatie Williams
Published date22 June 2022
Publication titleEdinburghLive (Scotland)
The invasion of Ukraine has continued to push the already expensive fuel prices up and now according to RAC, petrol has hit 189.33p per litre

This comes as the rate of UK inflation, edged up to 9.1 per cent in the 12 months to May, from 9 per cent in April, the Office for National Statistics (ONS) said, the highest its been in 40 years.

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And while train strikes rage on through the week, Edinburgh residents will be looking at where they can pick up the cheapest petrol.

RAC fuel spokesman Simon Williams said: "Just as more people took to their cars on the first day of the rail strikes the average price of petrol increased (on Tuesday) to 189.33p, taking a full tank over the £104 mark (£104.13). Diesel also reached another new high at 197.11p putting it perilously close to the £2-a-litre milestone. A full fill-up of diesel for a 55-litre family car now costs on average £108.41."

He added: "With the oil price falling and wholesale costs down over the last week, pressure is mounting on the biggest retailers to turn the tide and put petrol pump prices into reverse. It now seems we've reached the current petrol peak, so we expect to see the big four supermarkets start to cut their prices. As they dominate UK fuel retailing this should lead to others reducing their prices too which will benefit drivers everywhere.

"The situation with diesel is different unfortunately as wholesale prices last week still put it on course to move closer towards an average of £2 a litre. If, however, oil continues to trade lower it could just prevent this from becoming a reality."

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