The cost of living continues to rise as petrol falls to a record 144.9p per gallon and diesel climbs up to a high-ever 148.84p

  • Last week, the previous record for petrol price was at 143.7p. 
  • Meanwhile, the former top diesel price was 148.04p, set back in April 2012 
  • Averagely, January saw petrol go for just 115.3p per gallon and diesel at 119.9p. 










According to official figures, petrol prices rose to an unprecedented high of 144.9p per litre, and diesel costs reached an all-time high at 148.84p. 

The petrol record was previously set last week at 143.7p. While the previous top price for diesel was a mere 139.7p. The April 2012 price was 148.04p.

The surge in prices, revealed by the Department for Business, Energy and Industrial Strategy today, mean that it now costs petrol drivers 34p extra to fill up an average 55-litre family car than it did last week – from £79.03 to £79.69.

For diesel car owners, the figure is an extra 73p – with prices going up from £81.11 to £81.84. 

On average, petrol was 115.3p per litre in January. Diesel cost an average of 119.9p.

The surge in prices mean that it now costs petrol drivers 34p extra to fill up an average 55-litre family car than it did last week - from £79.03 to £79.69

The surge in prices mean that it now costs petrol drivers 34p extra to fill up an average 55-litre family car than it did last week – from £79.03 to £79.69

This is because Britons have been hit hard by the soaring cost-of-living. 

Supermarket price inflation has reached its highest level for more than a year, according to latest data compiled by Kantar.

Meanwhile,  results from Associated British Foods – which makes brands such as Ryvita and Twinings as well as owning fashion brand Primark – flagged up higher prices caused by higher energy, logistics and commodity costs.

Unilever has recently warned about price increases due to inflation.

The industry price cap has seen energy costs rise, and so have the energy bills. 

Britons have been facing a severe financial pinch this winter as a result of inflation caused by rising energy costs, labor shortages, and gaps in global supply chain networks.

Exclusive research for the Daily Mail by the Centre for Economics and Business Research (CEBR) reveals how inflation will cost the typical family of four an extra £1,800 by the end of this year, while a retired couple can expect to see living costs rise by more than £1,100, and a lower income couple could be stung by nearly £900.

Today’s dramatic fuel hike has been driven primarily by the oil price doubling from around £30 a barrel a year ago to around £63 now.

It is possible that the price of oil will rise further by the end the year, according to some fears.  

A BP petrol station at Rugby services just off the M6 at Junction 1. It is one of the most expensive in the UK

Just off Junction 1, a BP station in Rugby provides fuel services at the M6. It’s one of the priciest in the UK. 

The RAC claimed last month that rises in prices were due to four major supermarkets.

Together, they raised the petrol price by more then 9p/litre and diesel prices by more 10p.

Asda was the lowest priced petrol, at 140.98p. This is only slightly less than Sainsbury’s price of 141.68p. 

Sainsbury’s diesel prices were 144.37p, which is slightly lower than Asda’s at 144.57p as of the end October.

Motorway petrol averaged 158.43p by 31 October. A record was set at 158.56p the previous day. Diesel reached a record high close to October with 163.08p.

Simon Williams, spokesperson for RAC Fuels said that October 2021 was a terrible month for motorists with petrol and diesel prices reaching new highs. 

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