Petrol prices are likely to rise above £1.50 per litre soon, the RAC has warned, amid the ongoing crisis in Ukraine.
RAC fuel spokesman Simon Williams said: “Both petrol and diesel reached new record levels yesterday. Unleaded is nearly 149.5p a litre and diesel almost 153p.
“Russia’s actions will now push petrol pump prices up to £1.50 very soon. The question then becomes where will this stop and how much can drivers take just as many are using their cars more and returning to workplaces.
“If the oil price was to increase to $110 there’s a very real danger the average price of petrol would hit £1.55 a litre. This would cause untold financial difficulties for many people who depend on their cars for getting to work and running their lives as it would sky rocket the cost of a full tank to £85. At $120 a barrel – without any change to the exchange rate which is currently at $1.35 – we would be looking £1.60 a litre and £88 for a full tank.”
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| Date | Average LPG Price | Average UL Price | Average Di Price | Average UL Super Price |
| 22/02/2022 | 84.08 | 149.30 | 152.68 | 161.83 |
| 23/02/2022 | 83.09 | 149.43 | 152.83 | 161.48 |
