Diesel prices hit ‘miserable milestone’ of 150p per litre as drivers urged to shop around

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The AA reported that the average price of diesel had climbed to 150.5p on Saturday before falling slightly to 150.09p on Sunday. Previously the record high price was set in April 2012 at a price of 147.93p, before it was shattered in October.

AA fuel price spokesman Luke Bosdet said: “Diesel setting a record of £1.50 a litre isn’t just yet another milestone along a bleak road of pump price increases this year.

“As the workhorse fuel for deliveries and craftspeople who drive to customers, it will likely usher in even higher costs for goods and services.

“Many bigger businesses have insulated themselves against higher fuel costs with a system of surcharges on deliveries.

“If pump prices go up, their customers pay a percentage more for deliveries, and that gets passed on to the consumer.

“However, smaller businesses, particularly in rural areas, have little choice but to charge shoppers and clients directly.

“That strains customer relations and potentially puts jobs and contracts in jeopardy.”

Mr Bosdet said the increase in the cost of diesel is driven by a surge in oil prices, but other factors include a weaker pound and the rising cost of biofuel.

The RAC’s current diesel price at 150.09p per litre and says the price fluctuations are “static”.

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Petrol also remains static at 146.53p per litre, as well as super unleaded, which has a higher average price of 156.91p per litre.

Simon Williams, RAC fuel spokesperson, said the record price would have a massive impact on drivers.

He said: “Fuel prices this year are setting records for all the wrong reasons, with the average price of a litre of diesel hitting £1.50 a particularly miserable milestone. 

“The high prices drivers are having to endure at the pumps is also coming at a time of rising domestic energy costs.

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