Fuel prices rise by 5p per litre in February

February saw the price of fuel continue to rise, reaching an average 120.1p per litre of unleaded.

The average cost of unleaded hit the highest rate since late 2014. Meanwhile, diesel hit 122.3p, the highest price since December 2014.

Despite widespread hope amongst experts that February would see the price fall, the high tariffs held.

Jason Lloyd, managing director of PetrolPrices.com said: “Petrol on average is 21p more expensive per litre than it was this time last year. Which means that consumers are spending around £11.66 per fill more than they were in February 2016.”