Fuel prices in the UK are on the rise, primarily influenced by global instability, particularly tensions in the Middle East. Brent crude oil prices surged from $68 to $78 per barrel in just a week, causing wholesale fuel costs to rise significantly. Diesel increased by over 10 pence per litre, while unleaded was up around 4 pence. The difference between diesel and unleaded prices has widened considerably. Despite the rising wholesale prices, competitive fuel prices are still available across southeast London, with certain supermarkets offering more affordable options.
Fuel prices in the UK are rising due to global instability, with Brent crude oil prices increasing from $68 to $78 per barrel in July, leading to higher retail costs.
Diesel prices rose by more than 10 pence per litre and unleaded by around 4 pence, with significant widening of the gap between diesel and unleaded prices.
Competitive fuel prices still exist in southeast London, with several supermarkets offering lower costs amidst rising wholesale prices.
Despite the increases, factors like a strong pound have slightly stabilized fuel prices in some areas.
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