Higher oil prices have been filtering through to the pumps
Petrol prices have hit another record, according to industry analysts Experian Catalist.
The average price of a litre of unleaded petrol hit �140.20 pence.
High oil prices have been behind the rising price of fuel. Crude oil prices have risen 25% since early September.
In his Budget this week, Chancellor George confirmed that a 3.02p per litre fuel duty increase will take effect on 1 August, drawing criticism from the motoring industry.
It is a "Budget blow-out which will force drivers off the road," AA president Edmund King said on Wednesday.
The chancellor has pledged that fuel duty will not rise faster than inflation, unless oil prices were to fall below �45 a barrel.
Brent crude was trading at almost $124 (�78) a barrel on Friday.
Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-17490088
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