Petrol Prices Rise 5p in a Week Amid Rising Oil Prices

A litre of unleaded petrol has risen to 167.17 p, the steepest weekly jump in price since April, according to the latest fuel price data. The increase follows a series of small week‑to‑week rises that have pushed the average cost of a litre above the 160‑pence mark for the first time since early 2023.

The figure reflects a broader trend of rising energy costs across the UK, with wholesale fuel prices climbing amid supply constraints and higher global oil prices. The latest data, released by the Office for National Statistics, shows that the price increase is part of a sustained upward trajectory that has outpaced general inflation in recent months. Analysts note that the jump could impact consumer spending on transport and fuel‑intensive goods.

The rise in petrol prices is likely to add pressure to household budgets, particularly for commuters and businesses that rely on fuel for logistics. While the government has pledged to monitor fuel costs closely, the current trajectory suggests that the impact on the cost of living will continue to be a key concern for policymakers and the public alike.