Petrol prices have hit a 'record high'AA says a litre is now 103.3p

03 January 2008

Petrol prices have reached a record high, the AA says.

The cost of a litre of petrol at the pumps yesterday was 103.3p - beating the previous record of 102.92p set on Boxing Day.

The increase means that filling a typical 50-litre tank now costs £7.36 more than a year ago.

Diesel

The AA said that diesel costs 107.95p a litre - just off the record of 108.00p set on December 6, 2007.

Motorists can hunt around for cheaper petrol online. One website, Petrolprices.com, says it has the pump prices of about 10,000 UK service stations and claims to update the prices at about 8,000 of them every working day.

Record highs

AA public affairs head Paul Watters said: 'The closure of superstores during the festive holidays, although many kept their petrol stations open, may account for the new record highs for petrol.

'However, with oil prices again rising above 95 dollars a barrel, the start of the year shows little sign of relief for UK motorists.'

He went on: 'We had hoped that petrol and diesel prices had hit a plateau that reflected the price of oil above 90 dollars a barrel. If the two new highs turn out to be blips, it will underline the importance of supermarkets in holding down the price of car fuels.'