Oil, gas and mining

UK petrol prices hit new record high after EU Russia oil ban



Average petrol prices in the UK have hit a record high of 173.02p a litre, figures show, after the EU banned 75% of Russian oil imports.

RAC fuel spokesperson Simon Williams said, “The EU’s decision to ban the majority of Russian oil imports will cause the barrel to higher still, spelling yet more misery for fuel prices in the UK.”
He added that average price of a litre of unleaded petrol will “likely hit 185p.”

#Petrol #Fuel #Russia

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31 Comments

  1. Let's keep in mind that fuel companies are choosing to increase the prices and pass the hurt down when they could absorb it with a fraction of their normal profits. This COULD be a very different situation, but not under govs that care more about companies than human beings.

  2. Lower the tax on it .. oh they won’t because greedy people won’t make any money

    Sunak annouced 5p off the litre. That doesn’t exist any more as the prices have gone up. Another rich person lie.

  3. Wait until Winter kicks off their going to be a lot of People freezing in the cold and can’t cook, Europeans screwed themselves with their Paris Green Treaty Deal.

  4. Now that the Americans have been successful in opening up the European market to its oil and gas producers over the next few months let's wait and see if the prices will trend down or continue to rise

  5. When will this insanity end? Why the heck am i forced into being a slave for muti billion dollar oil companys? Their profit margin at the gas pump should not control my life and how i live.

  6. – Davos Annual Meeting 2022 – Zakaria from CNN  did an interview   with Hossein Amir-Abdollahian, Minister of Foreign Affairs of the Iran regime while they are killing Iranians demonstrating in the streets!!
     – Amir-Abdollahian  also met Borge Brende, the World Economic Forum’s President, on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland.
     Borge Brende expressed optimism that the talks between the Iran regime and world powers restore restrictive and illegal sanctions!!
    He said that these talks would produce the desired results and strengthen Iran’ s regime's ability to revitalise the regional and global economy!
     -Today Iran regime fired rockets at the US military station in north of IRAQ!

  7. Ukraine needs to sort this out by diplomacy.. Patience will run thin with the Ukraine issue if diplomacy is not given a earnest chance. The world needs a reset, starting first with Kyiv and then Moscow. I COMMENT, Kyiv first because those chaps are losing and have the least leverage at the bargaining table is all.

  8. The Eight stages of grief for EU, UK, USA & NATO in Ukraine are: Anger, Denial, Bargaining, Depression, Pay in Rubles, pay more Rubles, and commit Hara-kiri – Seppuku –'insurrection'

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