Drivers who breathed a slight sigh of relief as petrol prices fell back from nudging £2 a litre have been warned more increases could be on the way. It's all because of a cut in oil exports that could see prices rise at the pumps.
The oil group Opec+ has voted to reduce the volume of oil experts to Western nations, BirminghamLive reports. The RAC has said this decision will 'inevitably' mean higher prices at supermarkets and garage forecourts.
A spokesman for the motoring group added: “The question is when, and to what extent, retailers choose to pass these increased costs on at their forecourts. We believe that in many cases drivers are being charged more to fill up today than they should be based on average wholesale prices over the last few weeks.”
