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RAC predicts fuel prices to crash as low as 86p

With oil prices continuing their downward spiral the RAC has predicted the UK could see fuel prices as low as 86p a litre. In a statement released by the RAC they explain that since the beginning of December 2015 oil prices

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Posted in Fuel Prices

Tesla car sales projections slashed as oil prices crash

For the majority of the world low oil prices are a good thing, cheap fuel and low inflation. However for the world’s leading electric car manufacturer – Tesla it’s cause for concern. Tesla has seen its stock price take a

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Posted in EV Electric Cars

Have fuel prices been rigged by the oil markets?

After the recent turmoil with Barclay’s rigging the Libor rate, doubts over many other financial markets have been the focus of scrutiny. The G20 has recently commissioned a report by International Organization of Securities Commissions (IOSCO) to look into the oil

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Posted in Fuel Prices

Another round of Fuel price wars begins but retailers still fail to pass on oil price drops

Adsa has sparked another fuel price war by slashing 3p off a litre at it’s forecourts.  This round of price cuts has put Adsa’s petrol and diesel prices at the lowest they have been for a over a  year. Following suit,

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Posted in Fuel Prices

Fuel price wars as fuel stockpiles released

UK supermarkets have started a fuel price war as a release of fuel stockpiles slash oil prices. Brent crude fell by over $8 a barrel on Thursday after the IEA (International Energy Agency) confirmed to be releasing a stockpile of

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Posted in Fuel Prices

AA: Falling oil prices are not being passed on to motorists

A report by the “very nice men” at the AA has confirmed that UK motorists are still being ripped off at the pumps even as oil prices begin to slide. A ‘flash crash’ in the oil market in early May

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Posted in Fuel Prices

Morrisons looses £400m due to rising fuel prices, gains it on the forecourt

Richard Hammond’s favorite supermarket “Morrisons” has reported that rocketing fuel prices have stripped it’s shelves of nearly £40om profits over the last year. Their figures show that much of this money simply moved from the checkout to the fuel forecourt.

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Posted in Fuel Prices