Fuel prices are expected to rise significantly due to increased crude oil costs and currency exchange rate fluctuations. The price per barrel has jumped from £58-£61 in late 2024 to £66 by January 13th, 2025.

Two main factors are driving this increase:

• Rising crude oil prices (up to £66 per barrel)
• Weakening Pound against US Dollar (from $1.25 to $1.22)

Current price impacts:

• Wholesale petrol: Up 1.5 pence per litre since January 2025
• Wholesale diesel: Up 4 pence per litre since January 2025
• Pump prices: Currently increased by approximately 1 penny per litre for both fuels

Consumers should expect further price increases at the pump in the coming weeks as fuel stations can no longer absorb the rising wholesale costs. The exact increase will vary by location, but experts predict an additional few pence per litre.

To find the best fuel prices in your area:

• Compare local stations regularly
• Use price comparison tools
• Monitor weekly price trends
• Consider timing your fuel purchases

These price increases affect both petrol and diesel vehicles, making it increasingly important for drivers to monitor local fuel prices and plan their fuel purchases accordingly.


For the latest fuel price updates and trends, check local price comparison tools or consult reliable automotive resources.

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