Fuel reaches 18-month high

MCN - - THIS WEEK -

The cost of fill­ing up your bike has reached an 18-month high, con­fused. com’s Fuel Price in­dex has re­vealed. The av­er­age price for fuel in the UK is now 126.5p a litre, mean­ing it would now costs over £22 for an 18-litre fill-up, a rise of 1.7p in the last week. The last time it was this ex­pen­sive was Novem­ber 2016.

The rea­son be­hind the rise is be­cause of stock­pil­ing by dis­trib­u­tors due to ten­sions in the Mid­dle East which has fuelled av­er­age in­creases over the last year. Bik­ers in the North East have seen the big­gest changes over the past 12 months, with petrol in­creas­ing 4.6p year-on-year, to 122.5p a litre, on av­er­age. How­ever, it is mo­torists in the South East who will have to pay out the most to fill their tanks, pay­ing 123.6p.

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