
Petrol and diesel prices hit a new daily record on Wednesday as Russia’s war in Ukraine drives up oil prices globally.
Figures from data firm Experian Catalist show the average cost of a litre of petrol at UK forecourts was 159.6p, up from 158.2p on Tuesday.
The average cost of a litre of diesel reached 167.4p on Wednesday, up from 165.2p on Tuesday.
It follows reports that petrol prices soared to more than £2 a litre at some London forecourts.
Meanwhile in Wales, the price at the BP Moto Services on M4 near Swansea and Pont Abraham motorway services surged to 192.9p per litre as of yesterday afternoon, figures from the petrol station comparison website PetrolPrices.com show.
According to the Office for National Statistics (ONS), the System Average Price (SAP) of gas rose by 66 per cent in the week to 6 March to its highest recorded level - at 15.5p per kilowatt hour. This is more than double the previous largest weekly increase of 25 per cent on 19 December 2021, it said.