Pump prices stay stubbornly high as leading bank official warns energy costs are likely to remain ‘elevated’Business live – latest updatesThe price of diesel on UK forecourts remains stubbornly close to October’s record high of £2 despite a sharp fall in oil prices.A litre costs an average of 197p, according to the AA, which described the situation as “dismal”. By contrast, petrol has fallen 6p to 168p from the peak of 174.7p in early October. That was the highest level since August 2022. Continue reading...
Diesel still costing close to a ’dismal’ £2 a litre despite oil price falls
GU
Guardian BusinessBy Zoe Wood
EXECUTIVE SUMMARY
Pump prices stay stubbornly high as leading bank official warns energy costs are likely to remain ‘elevated’ Business live – latest updates The price of diesel on UK forecourts remains stubbornly close to October’s record high of £2 despite a sharp fall in oil prices. A litre costs an average of 197p, according to the AA, which described the situation as “dismal”. By contrast, petrol has fallen 6p to 168p from the peak of 174.7p in early October. That was the highest level since August 2022. Con
Key Takeaways
- Diesel still costing close to a ’dismal’ £2 a litre despite oil price falls.
- A litre costs an average of 197p, according to the AA, which described the situation as “dismal”.
- By contrast, petrol has fallen 6p to 168p from the peak of 174.7p in early October.
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Published originally on Guardian Business
