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(The Guardian) - The start of the summer holiday season will see petrol break through the £1 a litre barrier after oil prices surged to their highest level in almost a year, petrol retailers warned last night. The start of the summer holiday season will see petrol break through the £1 a litre barrier after oil prices surged to their highest level in almost a year, petrol retailers warned last night. As the global cost of crude came within striking distance of last year's record high of $78.65 amid fears of a disruptive US hurricane season, the AA said motorists could see petrol prices rising steadily over the next two or three weeks. Link |