The price of petrol has reached its highest level in over a year, new figures show.
Petrol prices at the pumps have reached their highest level for more than a year, according to official figures.
Bulgaria 's anti-monopoly commission said six oil companies operating on the retail fuel market have allegedly been involved in cartel agreements on prices.
The average price of diesel has reached its highest level in more than 12 months, new figures show.
A Chinese businessman has spent $5million on some unusual real estate after acquiring a petrol station.
The average price of petrol and diesel sold on Britain’s forecourts edged up in August, new figures show.
The drop in the price of oil means there is a “compelling case” for cutting three pence per litre off unleaded and diesel prices, a motoring organisation has claimed.
The hundreds of thousands of UK diesel car owners driving to Europe during the school holidays could still be better off filling up on the continent despite the slump in sterling, experts said.
Shell is said to be planning to open its first fuel stations in Latvia this month with a total of ten to be completed by the end of the year, according to reports.
Motorists have been hit with rising fuel prices for four months in a row, new figures show.
California ’s attorney general has issued subpoenas to several oil companies to learn how they set petrol prices which are consistently among the highest in the US.
China may increase local fuel prices for the first time in six months following a rally in oil prices.
Prices at the pumps could stay lower for longer after major oil producing nations failed to reach a deal to cut output, experts have said.
Motorists have been warned that the period of lower fuel prices is over after the cost of petrol rose last month for the first time since July 2015.
Motorists in the United Arab Emirates are bracing themselves for a major price hike to fuel prices - with petrol "soaring" to 28 pence per litre.
China’s love of cars and the gasoline that runs them is exacerbating an oversupply in another fuel decried by refiners across Asia, according to Bank of China International.
Motoring organisations have welcomed the decision to freeze fuel duty for the sixth year in a row.
Average petrol prices rose for the first time in seven months in February, data shows.
A decision to leave the European Union could lead to UK families paying hundreds of pounds more to fill up their cars, a motoring organisation has warned.
Oil major Shell is transitioning its trucking fleet to more liquefied natural gas-fuel vehicles in Houston and Louisiana.
Supermarkets Asda and Tesco have cut the price of diesel to 97.7 pence per litre (ppl), its lowest level for over six years. But campaigners have called for even greater reductions amid tumbling oil prices.
Motorists are being denied further savings on petrol from the tumbling oil price because of increased profit margins for refineries, experts have warned. Oil prices have fallen by 30% since early December, with Brent crude sinking to $30 a barrel this week.
Fuel could become cheaper than bottled water if the price of oil continues to plummet, motoring experts have said. Oil prices have fallen by 30% since early December, with Brent crude sinking to 30 US dollars a barrel earlier this week. Many analysts are predicting it could tumble even further, with Standard Chartered warning that 10 US dollars a barrel is a possibility.
The average price of petrol fell by more than 4p per litre in December, according to new figures. A litre of unleaded dropped from 107.55p at the start of the month to 102.89p by the close, reducing the cost of filling up a 55-litre car by more than £2. The average price of diesel dropped by 3p per litre from 109.86p to 106.18p, according to the RAC Fuel Watch report.
Fuel retailers have been urged to cut the price of diesel to under £1 per litre. Unleaded fell below that symbolic level at many supermarkets last week for the first time since 2009, excluding promotions. But diesel remains more expensive despite its wholesale price being around 3p per litre (ppl) cheaper than unleaded.