
The average cost of filling a typical family car with petrol could exceed £100 for the first time on Wednesday (Joe Giddens/PA)
(Picture: PA Archive)The price of a barrel of oil surged more than a dollar today raising fears that forecourt prices will continue to rise to new record highs.
By earely afternoon a barrel of benchmark Brent Crude was worth $121.67 up $1.10 or 0.9 per cent.