A BUMP AT THE PUMPS
Fuel tracking site Petrolprices.com says they expect the price of petrol to rise by up to 8p per litre by January, taking the current average of £1.15 per litre to £1.23. Last month members of the OPEC oil cartel agreed to cut output by 1.2m barrels a day with the intention of increasing the price of a barrel of oil. This was the first agreed cut in production since 2008 and will come into force on January 1. Now other NON-OPEC countries, such as Russia and Saudia Arabia, have also agreed to reduce their output. This agreed cut sent the price of crude oil surging, which will have a knock-on effect at the petrol pump.
Don’t spill any. It’s going to cost even more to fill up your bike in 2017