There was confirmation for hard-pressed motorists yesterday that what they have been seeing at the pumps is true.
It has now been ratified that petrol prices have hit new record highs every day for the past month.
The RAC says the cost to fill a family car now stands at about £103 for petrol, and £106 for diesel.
The average petrol price is now 186.59p per litre, with diesel at 192.48p.
The war in Ukraine and moves to reduce dependence on Russian oil have helped drive up fuel prices, putting households under pressure as food and energy bills also soar.
The RAC has called on the UK Government to cut fuel taxes to ease the cost burden on motorists, and to help lower the cost of living.
RAC fuel spokesman Simon Williams told the BBC: "New records in the average price of petrol have been set every day for the last month, with a litre rising 21p, which has added more than £11 to a tank," said
He said that RAC analysis of wholesale diesel prices indicates that diesel could hit "a previously unthinkable average of £2 a litre", and that "unfortunately, it has already crossed this threshold at motorway services".
Meanwhile, the International Energy Agency (IEA) says that oil supplies may struggle to keep pace with demand next year as China emerges from the pandemic and sanctions on Russia grow.
The US and other producers outside of the Opec+ coalition are expected to help but Opec+ members, who include Saudi Arabia, will also need to do more, it indicated.
The Telegraph reports that the IEA said oil markets should rebalance this year but warned the situation "might prove short-lived".
Oil demand is expected to hit 101.6millon barrels per day next year, it said - higher than pre-pandemic levels, driven by demand in China.
Meanwhile, the EU is planning to restrict Russian oil imports from December and other sanctions are likely to tighten.
Limited global refining capacity means supplies of diesel are of particular concern and could cause more pain at the pump.
Goldman Sachs earlier this month raised its Brent oil price forecasts by $10 to $135 a barrel for later this year and the first half of next, also warning about the effect of increased demand in China as lockdowns end.
Brent crude futures were up 0.83% earlier today at $119.42 a barrel.
The UK's top share index, the FTSE 100, was down 41 points at 7,232 shortly after opening this morning, following yesterday's 85-point gain.
Companies reporting today
- Full-year results: Biffa, Halfords, Halma, Syncona
- Trading updates: Boohoo, Informa