Fleet News

Fuel rises by 2p per litre

FUEL prices have risen by an average of 2p a litre/9.1p a gallon since the Budget - and not by the Budget increase of 4p a litre/18.2p a gallon. The latest PHH AllStar monthly fuel report from PHH Vehicle Management Services says fuel prices are expected to rise further.

Oil market analysts say fuel companies are poised to attempt another 2p a litre/9.1p a gallon rise, but market complexities meant they were having trouble making the increases stay in place. The report reveals a wide discrepancy between prices across the UK, reinforcing PHH's message to company car drivers to shop around. The difference between the highest and lowest priced gallon of unleaded petrol is 6.03p a litre/27.41p a gallon. For diesel it is 6.96p/31.64p and for four star it is 5.71p/25.96p.

Highest and lowest fuel prices nationwide: unleaded - highest, Aberystwyth 64.99p a litre/295.44p a gallon; lowest, Glasgow 58.96p/268.03p; diesel - highest, Dover 66p/300.03p; lowest, Glasgow 59.04p/268.39p; four star - highest, Northampton 70.52p/320.58p; lowest, Sheffield 64.81p/294.62p.

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