Fears UK petrol prices set to rise over oil demand

Updated
Tanker drivers strike
Tanker drivers strike

Prepare to dig deeper to pay for petrol and diesel, despite recent price cuts. Oil prices look set to climb following a demand forecast hike by Opec. Buoyed by increasing global economic confidence, the cartel of 12 oil exporters says consumption could accelerate by 50,000 barrels per day.

While Tesco and Asda recently launched a price war, this may mean further fuel cuts are limited. Should you fill up? %VIRTUAL-SkimlinksPromo%

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