I subscribe to an email detailing daily moves in petrol and diesel prices.
Overnight following the Russian invasion of Ukraine, local prices have increased by 3 or 4 pence across the board.
Not a huge increase admittedly, however, I suspect this is the start of a general rise in fuel prices, including domestic fuel prices as well as all food prices, after all, all supplies end their journey in a fuel driven vehicle.
Has anyone else noticed sudden increases in petrol prices ?
0
Comments
The prices will only keep going up unless the Russians go no further (unlikely).
Short term pain but hopefully over time will lessen our need for Russian gas and oil.
According to data from the Office for National Statistics published in December, the top five goods exported from Russia to the UK in 2021 were:
1.) Unspecified goods* – accounted for £4.2bn or 38.7 per cent of all UK goods imported from Russia
2.) Refined oil – £2.6 billion or 24.1 per cent
3.) Non-ferrous metals – £1.3 billion or 11.8 per cent
4.) Crude oil – £1bn or 9.3 per cent
5.) Gas – £558.7m or 5.2 per cent
They're big figures and will cause a hit to our prices.
It looks as though Ukraine is on its own .. already horror film of flats demolished by rockets and bombs, not 'military targets', people's homes
Remember Grozny
Always 4 or 5p a litre cheaper than anywhere else.
Leave them with it - and watch the price tumble as they have to get rid of it (because they’ve already bought it in advance), and the punters won’t buy it at top price.
Will never happen.