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RAC Fuel Watch


The RAC is committed to supporting UK motorists by campaigning on the issues that matter most. Time and again we hear that the cost of motoring is the biggest cause of concern to them and that the high price of fuel is having a significant impact on their lives.

RAC Fuel Watch is a monthly, at-a-glance guide to the latest UK unleaded petrol and diesel prices - both at wholesale and at the fuel pumps. We look at the previous month's prices in depth, analysing changes through the month, and take a longer-term view of fuel prices over the last three, six and 12 months. We also give a prediction of what we think pump prices will do in the near future.


Fuel Price Monitoring

  Diesel Unleaded Super Unleaded LPG
Average PPL Fuel Price* (28th Apr '16) 108.00 108.27 117.98 49.10

* Prices courtesy of Experian Catalist


Two-week price forecast - diesel

    Today's Forecast    

Very likely to go up - more than 4 PPL

Likely to go up - between
2 and  4 PPL

No significant movement - between  2 and  -2 PPL

Likely to come down - between -2 and - 4 PPL

Very likely to come down - more than - 4 PPL


Two-week price forecast - petrol

    Today's Forecast    

Very likely to go up - more than 4 PPL

Likely to go up - between 2 and  4 PPL

No significant movement - between  2 and  -2 PPL

Likely to come down - between -2 and - 4 PPL

Very likely to come down - more than - 4 PPL


Our current view on UK fuel prices

RAC fuel spokesman Simon Williams said: “Motorists have seen petrol and diesel prices reach their lowest points since 2009. January saw the oil price go into free fall with talk of a barrel dropping to $20 and possibly even to $10, but since the low of $26 a barrel the market has started to creep back up. If this continues for a sustained period, wholesale costs will rise further which will in turn lead to pump price increases.

“However, the oil market is notoriously volatile, even in more stable economic times, so it’s still possible that the price could drop back again. And, even if there is a rise in the oil price, it seems unlikely that it will be drastic as OPEC seems set to continue producing more oil than is demanded to retain its market share. While there has been talk of a production cut, the market has yet to see evidence of this.

“The other factor which is not helping the situation from a motorist’s perspective is the fact that the pound has weakened significantly against the dollar from $1.47 at the beginning of January to $1.42 by the end. This has undermined some of the benefit of the falling oil price and, with oil traded in dollars, this could prove to be even more harmful if the pound continues to lose value against the dollar while the oil price goes up.”

RAC Fuel Watch – January 2016 edition

RAC Fuel Watch – December 2015 edition

RAC Fuel Watch – November 2015 edition

RAC Fuel Watch – October 2015 edition

RAC Fuel Watch – September 2015 edition

RAC Fuel Watch – August 2015 edition

RAC Fuel Watch – July 2015 edition

RAC Fuel Watch – June 2015 edition


The relationship between the retail and wholesale lines on the graph are crucial. If the fuel market is operating transparently and retailers are passing on changes in the wholesale price quickly the lines should mirror one another, with the retail lines moving up or down approximately two weeks after any significant wholesale price movement up or down.



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