Petrol and diesel costs to rise additional as Morrisons presents drivers main gas reductions

“Because the world’s second largest oil producer, pumping out 9.8 million barrels per day, something that impacts the Russian Federation can have vital impacts on the worth of oil, and in the end the worth you’ll pay on the pump.

“There are extra components that have an effect on what you and your fleet pay for gas than geopolitics: taxes on gas elevated by two pence per litre in January, and there have been considerations about retailers ‘profiteering’ from present occasions (although the reality is extra difficult).

“Like the worldwide gas market, we’re watching occasions with nice curiosity, however nevertheless the present scenario resolves itself we shall be working to help our clients.”

Various business consultants have referred to as on retailers to not make the monetary burden on motorists even worse by growing their revenue margins.