(OP)inions UK petrol prices

February15, 2022 

Petrol prices have surged to a record high and are expected to climb further in coming weeks, adding to the burden on UK households already squeezed budgets. 

The AA said petrol surpassed 148p a litre on Sunday, rising above the previous record high of 147.72p on 21 November last year. 

Diesel prices have also risen, with the average price for a litre at 151.57p, compared with 151.10p on 20 November 2021. 

The increases have been driven by growing demand after the reopening of global economies and mounting tensions between Russia and Ukraine. A barrel of Brent crude, a global benchmark for oil, traded above $96 a barrel on Monday, its highest in seven years. 

OnePro Special Analyst

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