Evening Telegraph (First Edition)
Petrol prices to rise
Oil prices have hit a 16-month high following the decision by OPEC — the Organisation of Petroleum Exporting Countries — to cut production by 1.2 million barrels a day next month.
Estimates from the AA show that a spike in oil prices could see drivers paying more than £1.20 per litre at the pumps.
A number of drivers spoke to the Tele today about the prospect of a looming price hike.
Whitfield resident Brogan Blann said she was “definitely worried” about the rise as she uses her car daily in her work as a carer.
She said: “I fill up once a week and that’s about £40 if I brim the tank. At Christmas time, it’s not good.”
Games student Neal Ford said he spends around £50 a week on fuel.
He said: “It’s ridiculous. I drive been down at $45 a barrel but that is on the increase.
“That is beginning to work its way through to the pumps.
“The worst case scenario would be that prices hit $60, which could increase prices at the pump by more than nine pence per litre.
“The best scenario would be that we will see prices go back up to £1.16 or £1.17 per litre, similar to what we saw earlier this year.
“We’re likely to see a substantial increase. The price is going to go up.”
The spokesman added that drivers should stick to supermarkets if they’re looking for cheap fuel, as they work on fixed price contracts with their suppliers.
He said: “Prices at other garages could change depending on how much they paid for the most recent tanker load.”
At the time of going to press, the RAC estimated average petrol prices to be 114.25p per litre, while diesel was at 116.55p per litre.
DUNDEE drivers are set the feel the pinch at the pumps — with estimates that fuel prices could rise by as much as nine pence a litre.