| UK
petrol prices over the last two years The data for this chart is from the PetrolPrices.com website. Prices around the UK vary with the effects of local market and distribution cost factors. More Posted: 161125 Find the lowest UK petrol price in your area with their regular emails with local fuel prices from PetrolPrices.com. More Update OPEC confounds skeptics and agrees first crude oil production cuts in 8 years. It was a broader than expected agreement to include non-OPEC countries. Benchmark crude oil prices climb to top US$50. Forecourt petrol prices in the UK rose but are today now around 114.9p/litre having reached 115.7p near the end of November according to the online petrol prices monitoring website. There is another OPEC meeting on 9th December 2016 so further details of what is a complicated agreement between producer countries may be revealed then and impact prices. See Bloomberg Markets report. More Update: 161208 Further update Reports say that over the weekend OPEC managed to convince a number of non-OPEC producers to participate in crude oil production cuts. That news sent crude oil prices higher with worrying forecasts. The underlying aim of the OPEC move is to restore the balance between demand and supply and to lift crude oil prices. Some forecasts suggest crude will reach US$60 by the year end and possibly US$70 by mid-2017. Update: 161213 How much will higher motor fuel prices cost you? See our chart which shows the annual cost across the range of fuel prices for three annual mileages plus examples. More 161213 |
| ||
 |  | ||
