Fuel pump prices are one to two pence per litre higher than they needed to be, according to FairFuelUK, the campaign group backed by the Freight Transport Association and the Road Haulage Association.
Research by RAC Fuel Watch found that the average price of diesel has risen 6.12p per litre in the past month and down stands at 132.39p per litre.
Howard Cox, founder of the FairFuelUK Campaign said: “Current pump prices are 1-2p per litre more than they need be, despite escalating oil costs and the weaker pound. Greedy opportunistic oil speculators along with OPEC and Russia’s oil production levels posturing, are using geo-political spats between the USA and Iran to deliberately over inflate the cost of filling up.”
“Along with MPs across all parties, we call on the Government to set up an independent price monitoring body to make pricing changes at the pumps, transparent. We need PumpWatch now!”