The Allstar fuel price review
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Will petrol and diesel prices continue to fall?
Business drivers across Britain have been able to enjoy lower fuel costs throughout 2015 – but what will happen to our pump prices in 2016?
The cost of the UK’s diesel has fallen dramatically since July, by around 7.4p a litre. At its peak in June diesel was selling at 121p. At the time of writing this, the UK average was 110.7p. That equates to major savings for high-mileage commercial drivers.
Petrol prices have also fluctuated this year. In recent months they have fallen slightly again. The current price of around 109p is another big saving, on June’s high point of 117p.
This autumn we’ve seen that the unwarranted discrepancy between diesel and petrol prices has, at last, almost disappeared.
In the coming weeks some experts predict more reductions as the wholesale price has fallen again. But in the coming months the picture is less clear.