
Oil Prices Surge: UK Fuel Costs Soar
About this episode
Oil prices soar, pushing UK fuel costs to record highs; experts advise fuel-efficient driving and seeking best deals as tensions in the Middle East continue to impact pump prices.
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UK News Today | 2 Min News | The Daily News Now! — Oil Prices Surge: UK Fuel Costs Soar. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On March 9th, oil prices have surged past $100 a barrel for the first time since 2022, driven by the ongoing conflict in, the Middle East. This spike is pushing a fuel cost at UK pumps, with average petrol now at 137.5 pence per liter and diesel at 100, 51 pence per liter. The war started on February 28th, leading to a 5 pence rise in petrol and 9 pence in diesel over that time. This pattern show that oil at $100 typically means petrol around 150 pence, while $120 could push. It to 170 pence. AA President Edmund King warns the longer the conflict drags on, the worse it gets for oil costs and drivers. He urges adapting driving styles for better fuel efficiency, skipping non-essential trips and expecting gradual pump price hikes since fuel stocks were bought cheaper. RAC policy heads Simon Williams says prices have rocketed lately and will keep climbing,
with petrol likely hitting 140 pence soon, and diesel at least 160 pence. He advises filling up as usual, but hunting for the best deals. As tensions persist, UK motorists face tougher times at the pumps, so smart habits now could ease the pinch ahead.
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