Watch: Why has UK diesel price hit an all time high?
Summary
The average price of diesel in the UK has gone above £2 per litre for the first time. Petrol prices have also increased, reaching an average of 174.71 pence per litre. The G7 countries have agreed to release 100 million barrels of oil to try to control rising fuel costs.Key Facts
- Diesel prices in the UK have passed £2 per litre for the first time ever.
- Petrol prices in the UK are also high, about 174.71 pence per litre on average.
- The RAC motoring group says fuel price increases are continuing without slowing down.
- The G7 nations have decided to release 100 million barrels of oil to try to reduce fuel prices.
- Fuel prices in the UK are affected by oil prices worldwide.
- Rising fuel costs are causing difficulties for drivers and increasing the cost of living.
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