Motorists told to prepare for petrol price increase

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Wigan motorists have been warned that the period of lower fuel prices is over after the cost of petrol rose last month for the first time since July 2015.

Experts said the 3.4p per litre (ppl) rise in average pump prices to 105p was a result of oil reaching 40 US dollars a barrel for the first time since early December.

The report by the RAC found that around £1.84 was added to the cost of filling up an average 55-litre car with unleaded.

Diesel forecourt prices increased by 3.7ppl to 105p despite the wholesale price only rising by 1.5p, according to the motoring organisation’s analysis. The RAC claimed this indicates that retailers are either using the lower diesel wholesale cost to subsidise the price of petrol or using it to increase profit margin.

A spokesman, said: “The good times for motorists enjoying lower fuel prices had to come to an end at some point, but unfortunately it’s happened with a bit more of a bump than motorists were probably expecting.”