Motorists have been warned to expect higher fuel prices yet again as the cost of a barrel of oil approaches 100 US dollars.
Someone putting fuel into their car at a petrol station
Brent crude, the oil price benchmark, ended Monday at 94 US dollars per barrel, its highest price since mid-November 2022.The average price of a litre of petrol has already risen by 10p since the beginning of August to 155.5p, its most expensive level since mid-December last year. "But the situation with petrol is different, with RAC Fuel Watch data showing that prices on the forecourt are actually too high due to retailers taking bigger margins than normal.
"However, if oil were to hit 100 US dollars, it should really only take the average petrol price up by another 2p.
Belgique Dernières Nouvelles, Belgique Actualités
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