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Drivers hurt by fuel price hike in July

By Neil Lancefield

Drivers were stung with the return of rising fuel prices in July, new figures show.

Analysis by the RAC found that both petrol and diesel rose by an average of around 1p a litre last month.

The motoring group pointed out that this reflects a continuation of "roller coaster" fuel prices as a rise in May was followed by a decline of around 2p a litre in June.

Supermarkets increased their prices the most in July.

Across the UK, average unleaded prices at the end of July were 128.8p a litre, while diesel was 131.9p.

RAC spokesman Rod Dennis said the rise in prices in July confirmed that "the roller coaster effect of rising and falling prices that drivers will have witnessed in recent months is certainly in full swing".

"The volatility of the price of a barrel of oil, and in turn wholesale fuel prices, makes it difficult to determine where prices might go next," he added.

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