Business Standard

Friday, December 20, 2024 | 06:09 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Already at a record, UK petrol price surges the highest in 17 years

Unleaded petrol jumped by 2.23 pence a liter on Tuesday, the biggest one-day increase since the early 2000s

Oil Ministry authorises new companies to sell auto fuels in the country
Premium

Representative image.

Jack Wittels | Bloomberg
The cost of filling up a standard car in the UK, already at an all-time high, surged by the most in 17 years to underscore the inflationary pressures the country faces from soaring fuel bills.

Unleaded petrol jumped by 2.23 pence a liter on Tuesday, the biggest one-day increase since the early 2000s, according to the RAC, a UK motoring organization. That drove it to a fresh high of 180.73 pence (about $8.60 a US gallon) and lifted the cost of filling up a car with a 55-liter tank to £99.40. Diesel also jumped to a new record.

“These are unprecedented times,”

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in