On average, drivers are paying 165.75p per litre of unleaded petrol and 181.93p per litre for diesel, although the RAC forecasts that both prices should fall in the future. Compared with the same time last year, prices are more than 30p more expensive, further hitting drivers in their pockets.
Petrol costs an average of 135.51p per litre, while diesel prices were around 136.89p.
Drivers can save themselves hundreds of pounds per year by making use of a few tips to use when at the petrol station.
Historically, motorists have been advised to buy fuel from supermarket forecourts when compared to branded garages.
It has been estimated that drivers could save £74.10 every year by filling up at a supermarket garage.
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Retailers often claim that premium fuel offers performance and efficiency advantages and can even protect the engine.
In reality, unless a motorist is driving a performance vehicle, they are unlikely to see many improvements.
RAC Fuel Watch shows that the average price of super unleaded fuel is 179.27p, almost 15p more expensive than regular unleaded.
Some retailers will also sell their own high-performance, high-octane fuels which have octane ratings of 99 RON.
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Premium unleaded carries a RON rating of 95 and is actually the standard unleaded petrol available across Europe and is suitable for almost all petrol engines.
The RAC has previously called on the main UK supermarkets – Asda, Tesco, Sainsburys and Morrisons – to pass on cost savings to motorists when they can be made.
Earlier this month, it called on retailers to stop giving drivers a “raw deal” with petrol prices, given the drop in costs for the wholesale price of oil.
There have been conflicting forecasts from industry analysts over whether the price of fuel will stabilise and come down before the end of the year.
Many point to the ongoing conflict in Ukraine and the global concern about energy security as being the key factors for price changes.
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