Petrol prices start rising again
They said that, last month, the average price of a litre of unleaded was 101.93p, which is up 0.66p over the month. As for you diesel lovers, that was up 1p at 101.18p. This has something to do with the value of sterling dropping against the US dollar, and there's also been a recovery with the price of a barrel of Brent crude oil.
That all said, the wholesale cost of fuel actually fell, which means that, at least, we shouldn't see sharp increases in prices at the pumps.
Of course, the price of petrol has been falling every month since last summer, for a whole host of reasons, with some forecourts selling a litre of fuel for under a quid, which has been magnificent for motorists.
RAC fuel spokesman Simon Williams said: "The oil price had been consistently around $30 for most of the month but in the last few days of February rose to around $36 - a price we haven't seen since the beginning of the year."
"While it's disappointing for motorists that the average price of petrol has gone up for the first time in seven months, the supermarkets have held their prices and the wholesale price of unleaded is still low enough to keep petrol under £1 a litre at their pumps."
"If it proves to be the case that oil prices have bottomed out, the RAC will be monitoring the effect on pump prices even more closely for any sign of the infamous 'rocket and feather effect' where prices go up far faster than they came down."