The Independent
UK Β· 1 hrs ago
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Fuel price rises caused by cost of oil rather than retail margins β watchdog
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centreBias
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Accuracy 78/100
Partisan intensity 15/100
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Centre / Neutral β Fair headline
The Competition and Markets Authority concludes that recent fuel price increases are driven by rising crude oil costs rather than increased retail profit margins, which have remained stable since Middle Eastern conflict began.
Fuel price rises caused by cost of oil rather than retail margins β watchdog
The Competition and Markets Authority said fuel margins have been βbroadly unchangedβ since the start of the war in the Middle East.
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