Pump prices for petrol and diesel are near a record high

Key Facts

• A litre of petrol sold at UK forecourts has reached its highest level since September 2012, at 140.22p on average, according to RAC data.
• Average petrol prices are just 2p off their record high from April 2012 of 142p per litre, says the RAC.
• "Unless we see a slight reversal in wholesale prices, we can expect in the next couple of weeks a rise of 3-5p per litre and that would put diesel above its 2012 high," he said.
• Mr Bosdet said the global surge in gas prices was also driving up the cost of diesel because heating oil "comes from the same part of the barrel" and - since it was an alternative for gas - had seen increased demand.

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