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Rising British yard costs have increased pressure on consumers, who are facing rising prices.
The average price of a liter of gasoline in Britain has reached 150 pence, as the Russian occupation of Ukraine adds pressure on the global cost of oil.
Fuel spokesman (RAC) Simon Williams said the average price of gasoline went to 151.25 p on Sunday, while oil rose to 154.72 p.
“This makes the full fuel tank for a 55-liter family car 83 £ and diesel 85 £. The average price of both fuels has risen by more than 1.5 p since Thursday“, Said the spokesman.
Oil prices rose above $ 100 a barrel as Russia launched its invasion last week and the announcement of tougher new sanctions increased pressure yesterday.
“Prices will continue to rise as retailers buy in new stocks at much higher prices. “This week will be an important week in terms of oil prices as it is likely to reveal the speed of the inevitable upward trend or the extent of market volatility.” added Williams.
Meanwhile, consumers are also being hit by sharp price increases around the world, especially for the use of gas and electricity for homes.
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