Experts warn that when the price of a barrel of oil approaches $100 (\u00a380), drivers may endure agony at the pump in the coming months. <\/p>\n\n\n\n
Drivers should brace themselves for a “hard time at the pumps” due to rising petrol and diesel prices, according to the RAC.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
Brent crude oil recently breached the $94 (\u00a374) benchmark, marking the highest price since mid-November 2022.<\/p>\n\n\n\n
Experts currently expect that global pressures will cause the price of oil per barrel to skyrocket above $100.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
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 \u00a31.59 per litre.<\/p>\n\n\n\n
Drivers can save money by visiting supermarkets instead than traditional petrol stations, where petrol costs \u00a31.53 and diesel costs \u00a31.55.<\/p>\n\n\n\n
Both of the UK average prices have not been seen since 2022, with the RAC predicting that fuel costs will continue to rise.<\/p>\n\n\n\n
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 \u00a31.80 per litre.<\/p>\n\n\n\n
With a price difference of around 25p per litre when comparing supermarkets and motorway services, drivers could save \u00a320 per refuel with an 80-litre tank.<\/p>\n\n","protected":false},"excerpt":{"rendered":"
Experts warn that when the price of a barrel of oil approaches $100 (\u00a380), drivers may endure agony at the pump in the coming months. Drivers should brace themselves for … <\/p>\n