UK petrol price to rise after Hurricane Harvey

Posted at September 1, 2017 » By : » Categories : News » Comments Off on UK petrol price to rise after Hurricane Harvey

UK petrol price to rise after Hurricane Harvey

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Drivers have been warned to expect a hike in the price of unleaded petrol caused by Hurricane Harvey in the US.

According to the RAC, the price of a litre of petrol could rise by up to 4p per litre, taking the average price up to above £1.21 per litre.

Petrol hasn’t been this expensive in the UK since December 2014.

Its Fuel Watch data also shows this would mean the average price would surpass that of diesel, something not seen in the UK since early June 2016.

RAC Spokesman Pete Williams said: “The price of unleaded petrol will leapfrog diesel early next week, rising by 4p per litre as the impact of Storm Harvey and the shutdown of large refineries in the Gulf Coast drives up US demand for petrol imports.

“This will be the first time unleaded has been higher than diesel since June 2016 and we expect this to be the case for some time to come – or at least until the US oil industry is able to get refineries back into operation.”

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