Between June 18, 2025, and August 12, 2025, Brent Oil prices fell by 13.54%, yet petrol and diesel pump prices increased. Retail petrol profits rose by over 11%, and diesel profits surged by more than 26%, leading to higher costs per family car fill-up. Daily, over £4.5 million of wholesale cost reductions have not been passed to motorists, adding approximately £250 million to inflation. Criticism has been aimed at the government for allowing these price hikes despite falling wholesale prices.
During the eight weeks between June 18, 2025, and August 12, 2025, Brent Oil prices fell by 13.54%, yet pump prices for petrol and diesel increased.
Retail diesel profits surged by more than 26%, leading to an additional £4.55 cost per average family car fill-up.
More than £4.5 million of wholesale fuel costs were not passed on to motorists daily, totaling around £250m that added to inflationary pressure.
Claire Coutinho MP criticized the lack of fair pricing for drivers, stating that the government should assure lower prices as oil costs decline.
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