Oil prices have soared amid concerns over the reliability of supplies due to Russia’s invasion of Ukraine, causing the cost of petrol to skyrocket.
The price per barrel of Brent crude – the most commonly used way of measuring the UK’s oil price – reached 139 US dollars on Monday, which was its highest level in 14 years.
RAC fuel spokesman Simon Williams said: “The cost of a filling a 55-litre family car with petrol is now £87 – £7 more than it was at the start of the year.
“Diesel drivers are even worse off, with a tank now costing more than £90 for the first time ever – £8 more than in early January.
“Wholesale fuel prices have already risen dramatically this week, so more pump price increases in the coming days are inevitable.
“Petrol is now certain to top an average of £1.60 a litre this week, while diesel will progress very quickly towards £1.70.
With all that in mind, we have rounded up the cheapest places you can get petrol in the Cirencester area.
According to petrol prices.com, the cheapest petrol available within 20 miles of the town is from the Texaco at Fromebridge Service Station at a cost of 148.9p a litre.
While this is unlikely to be convenient for most people, there are other options at a slightly higher price. Next cheapest is ASDA in Gloucester at 150.7p. Sainsbury's near Gloucester and Cheltenham, Tesco in Calne and the Esso garages near Cheltenham and Wesbury-on-Severn are all charging 150.9p.
Within 10 miles of Cirencester the cheapest petrol available is at the Shell garage in Fairford at 154.9p. Within Cirencester itself the cheapest is at Tesco at a cost of 158.9p.
While these prices are believed to be accurate at the time of writing, they are changing all the time.
Figures from data firm Experian Catalist show the average cost of a litre of petrol at UK forecourts on Wednesday was 159.6p, up from 158.2p on Tuesday. This is a record daily increase.
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