Experts predict joy for motorists as oil prices collapse
Petrol prices across the country could fall by up to 10p if the cost of oil continues to stay low, experts have said.
petrol
Update: Boris Johnson to ban sale of petrol and diesel cars after 2035
As part of plans announced during the launch of the COP26 climate conference, Boris Johnson has said a ban on the sale of new petrol and diesel cars in the UK will be brought forward to 2035.
Petrol rationing underway in Portugal as lorry drivers go on strike
Portugal has started rationing petrol as a precaution after 2,000 lorry drivers began an open-ended strike over pay, a move that comes at the height of the crucial summer tourist season and during the summer harvest.
Leaving ethanol in petrol to cut emissions is ‘no brainer’
Increasing the amount of ethanol in petrol sold in the UK would cut carbon emissions by the equivalent of taking 700,000 cars off the road, a report has said.
Oil above $70 ‘must be a positive’ as North Sea investors remain cautious
Higher crude prices should encourage North Sea oil companies to dial down the caution and bring forward more new projects, a prominent petro-economist said yesterday.
Inflation to come down thanks to low petrol prices
Inflation is expected to have fallen in November due to a drop in prices on motor fuel.
Motorists lost out as fuel retailers refuse to pass on savings
Drivers lost out as fuel retailers refused to cut petrol prices last month despite a drop in wholesale costs, a motoring firm has claimed.
‘Clear’ target must be set on petrol and diesel cars, MPs warn
A ban on sales of new petrol and diesel cars and vans should be brought forward to 2032 to drive the take-up of electric vehicles, MPs have said.
‘Dark cloud’ over forecourts amid oil price rise
Motorists could be hit by more fuel price rises due to the "dark cloud" of high oil prices, a motoring firm has warned.
Motorists hit by ‘hellish’ petrol price rises in May
The price of petrol at the pump rocketed by a "hellish" 6p a litre in May - the worst monthly rise for 18 years, the RAC has said.
Record fuel prices predicted if oil hits $100
The cost of filling up a family car will rise by £8 if predicted oil price rises materialise, a motoring firm has warned.
Petrol-fuelled slump adds to big fall in British retail sales
British retail sales have recorded their biggest quarterly fall in a year as the Beast from the East kept shoppers at home.
Supermarkets should cut fuel prices by at least 2p, RAC says
Supermarkets should cut at least 2p per litre off the price of petrol and diesel amid falling wholesale costs, according to a motoring organisation.
Petrol price at highest level since 2014, RAC says
Motorists are starting the new year paying the highest price for petrol since 2014, new figures show.
Several killed Ghana petrol station explosion
Several people have been killed in a tanker explosion at a petrol station in Ghana.
New petrol and diesel vehicles to be banned from 2040
New diesel and petrol cars and vans will be banned from 2040 as part of efforts to tackle air pollution, the Government is expected to announce.
Asda to cut petrol prices as oil price fall passed to consumer
Asda is cutting up to 2p per litre off its fuel prices after motoring groups claimed retailers were failing to pass on savings following the oil price slump.
Nigerian Senate to probe allegations state oil ‘ illegally inflated funds’, sources claim
Nigeria's upper house of parliament is to investigate allegations the state oil company illegally inflated funds it collected from an official subsidy scheme.
Average diesel price accelerates to two-year high of 122.1P
Diesel has reached its most expensive price in more than two years.
Technical glitch stops petrol pumps at 900 Shell stations in Malaysia
Oil major Shell is reportedly facing technical problems at around 900 stations in Malaysia.
Two dead, 700 arrested in Mexico protest over petrol prices
Anger over petrol price hikes in Mexico has fuelled protests and looting, with the unrest causing the death of a policeman and a bystander.
Petrol prices hit two-year high
Drivers are being hit with the most expensive petrol prices in more than two years.
WWF Scotland leads calls on phasing out cars running on petrol and diesel
Businesses and environmentalists have called on the Scottish Government to set a date for phasing out cars running on petrol and diesel.
Autumn Statement 2016: Fuel duty freeze to ‘save average driver £130 a year’
Motoring campaigners have welcomed the decision to freeze fuel duty for the seventh year in a row.
Supermarket caps fuel prices as petrol hits highest level since last July
Asda is to cut up to three pence per litre off fuel prices as it announced a national price cap.