Petrol prices soar to record high as drivers hit by Ukraine war chaos
PETROL prices have hit a new record high as the cost of oil soars due to the ongoing chaos in Ukraine.
The average cost of a litre of petrol at UK forecourts yesterday climbed to 152.20p and the price of diesel also rose to 155.23p.
Meanwhile, the price of Brent crude oil hit a 10-year-high of £90 per barrel on Thursday due to concerns over the reliability of supplies.
The RAC motoring group predicts drivers could see prices continue to soar to a staggering cost of 1.70p per litre as war wages on in Eastern Europe.
RAC fuel spokesman Simon Williams said UK fuel prices are determined by the cost of oil and the US dollar-pound exchange rate.
This means "further price rises are inevitable in the coming days and weeks”.
Mr Williams said: "As this period of record high prices could be here for some considerable time, drivers may need to take steps to keep their costs under control.
"Driving less may be an option for some, but those who depend on their cars will have to try to buy their fuel at the best possible price and then drive as fuel efficiently as possible."
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The Sun has shared tips on ways to manage your fuel consumption and keep your bills down.
The harder you press down on the accelerator, the more fuel you have to pay for, so it pays to slow down.
Accelerating gently and breaking softly will use less fuel.
The best way to get the most out of your tank of petrol is to drive at the lowest speed you can at the highest gear possible.
The balance between highest gear and lowest speed will be different for every car, but in general cars want to be going around 55mph for optimum fuel use.
So change up gears earlier than you normally would, but try not to labour the engine.
You can use sites like PetrolPrices.com to search petrol stations near you before you set off to see who has the best rates and cheapest options - you can do 20 free searches.