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UK petrol prices reach record highs amid oil market pressure
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UK petrol prices have hit their highest level on record and could rise further in the coming weeks as the global energy crisis drives oil markets to a three-year high.
The average daily price a litre reached 142.94p on Sunday, surpassing the 142.48p a litre all-time record reached on 16 April 2012, according to data from the RAC/Experian.
The new record, which was predicted by analysts late last week, is 28p a litre higher than a year ago, when petrol cost about 114.5p. This will add £15 to the cost of filling up a family car with a 55-litre tank, to about £78.61 from £63 last October, piling further financial pressure on households this winter.
Petrol prices have climbed steadily in line with global oil market prices which have more than
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