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Explainer: Why are we paying so much for petrol and diesel
National World - LocalTV
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11/06/2024
The cost of unleaded petrol remains around £1.50 per-litre.
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News
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00:00
Concerns over rising petrol prices at UK supermarkets have intensified, with motorists feeling the
00:07
financial strain. Supermarkets traditionally known for competitive fuel prices now average
00:12
around £1.50 per litre for unleaded petrol. This increase is driven by global oil market
00:19
fluctuations, geopolitical tensions and ongoing supply chain disruptions. Higher prices suggest
00:26
increasing living costs adding to the financial burden on households already struggling with
00:32
inflation and stagnant wages. The summer travel season has further exacerbated demand and
00:39
prices. The government faces mounting criticism over its handling of the situation, with committee
00:46
members questioning the lack of action to alleviate the burden on consumers. It's led
00:51
to many asking whether should supermarkets be forced to publish their profit margins
00:57
for fuel sales? And also, have you had to change your driving or filling up habits amid
01:03
cost rises?
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