Largest fuel price hike since January

MOTORISTS have been hit with the largest weekly increase in fuel prices since early January.

The average cost of a litre of petrol and diesel rose by 1.2 pence last week to £1.18 and £1.20 respectively, according to data published by the Department for Business, Energy and Industrial Strategy.

This has left pump prices at a four-month high.

RAC fuel spokesman Simon Williams said the price has “sadly shot up” as a result of Storm Harvey disrupting oil refining in Texas, whereas the hike in diesel prices is more down to a two-dollar rise in the price of a barrel of oil over the past week.

He said: “On a more positive note, the wholesale price of unleaded dropped on Monday so this may bring some much-needed relief on the forecourt.