Average UK petrol prices have risen more than 4 pence in a month, according to the latest AA fuel price report.

Between mid-March and mid-April, the price of oil rose by around $5 a barrel, with the average price of petrol increasing from 90.56 pence per litre to 95.01.

However, compared to the same period last year, oil rose by $10 a barrel and the price of petrol increased by only 1.3 pence per litre.

“With laden tankers moored off-shore as temporary storage indicating major stock surpluses, there is growing concern that the fundamentals of supply and demand are not being reflected in prices,” said Edmund King, AA president.

Meanwhile, diesel drivers have benefited from a glut in European markets that has seen pump prices rise from 99.77 pence per litre in mid-March to 102.69, with most of the 2.92 pence increase due to the Chancellor’s extra tax-take.