Drivers asked to prepare for diesel price spike up to 170p

Experts warn that when the price of a barrel of oil approaches $100 (£80), drivers may endure agony at the pump in the coming months.

Drivers should brace themselves for a “hard time at the pumps” due to rising petrol and diesel prices, according to the RAC.

Motoring organisations have pointed to increased demand from China and production cuts from key OPEC members Russia and Saudi Arabia as the reason for the rising prices.

Brent crude oil recently breached the $94 (£74) benchmark, marking the highest price since mid-November 2022.

Experts currently expect that global pressures will cause the price of oil per barrel to skyrocket above $100.

Fuel prices have been climbing in recent months, with British motorists confronting high expenditures for the first time since pricing records were smashed last summer.

The UK averages for both petrol and diesel are at levels not seen in months, with a litre of unleaded costing 155.5p and diesel exceeding £1.59 per litre.

Drivers can save money by visiting supermarkets instead than traditional petrol stations, where petrol costs £1.53 and diesel costs £1.55.

Both of the UK average prices have not been seen since 2022, with the RAC predicting that fuel costs will continue to rise.

The average motorway service station price for petrol is a staggering 177.81p per litre, while diesel drivers will be forced to pay more than £1.80 per litre.

With a price difference of around 25p per litre when comparing supermarkets and motorway services, drivers could save £20 per refuel with an 80-litre tank.

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