The Latest Breaking News from Petrol

The price of petrol peaked on July 3

In 2019, former Prime Minister Scott Morrison said electric vehicles "won't tow your boat, they won't tow your trailer", but he was wrong. Today car manufacturers are creating all-electric car models with hefty towing capacities, but when will they be released into the Australian market?

Consumer price inflation in the UK slowed for the first time in nearly a year in August. A fall in petrol prices helped slow the overall rate but food prices continue to rise rapidly. But even with a slowdown to 9.9%, from 10.1% in July, inflation still remains close to…

The former petrol station could soon become homes

Inflation dipped slightly to 9.9% as petrol costs fell but supermarket prices continued to soar.

Households are grappling with the rising cost of living, with food, petrol and energy prices all causing pain for Brits up and down the country. But it isn't all bad news, as some goods cost less now than they did 12 months ago

Business groups warn that rising costs are still impacting on many companies but the figures are better than analysts expected

Fall in price of petrol linked to reduction

Diesel and petrol prices fell by nearly 7% in August, the Office for National Statistics said.