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The Guardian - UK

Business

Alex Lawson Energy correspondent

Why are UK fuel prices at a record high when cost of oil has fallen?

Oil United Kingdom Petrol RAC Russia

The M6 northbound Burton-In-Kendal service station is believed to be one of the most expensive places to buy fuel in the UK. — The M6 northbound Burton-In-Kendal service station is believed to be one of the most expensive places to buy fuel in the UK. Photograph: Joel Goodman/The Guardian

As fuel price protests block motorways in England and Wales, petrol prices have again hit a record high. That is despite a slight easing in sky-high wholesale costs for retailers, which had been blamed for the pain at the pumps.

Why are fuel prices so high?

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