The rising petrol and diesel prices are related to the oil price, says Samuel Ciszuk who is an energy analyst at ELS Analysis.
- The world market price of oil has risen by 10 dollars per barrel in the last month.
This is partly due to a general energy crisis.
In Asia, there is a shortage of coal and gas, which means that you burn more oil to produce electricity.
The oil price on the world market continues to rise and a barrel of North Sea oil (burnt) now costs just over 84 dollars.
It is two years since the oil price was then quoted at that level.
The fact that fuel prices have risen is also due to the fact that the economy has picked up speed after the pandemic.
Demand then does not have time for supply.
- It is quite quick to start up an economy, but it is not as fast to start up large industrial processes such as raw material extraction and refineries, says Samuel Ciszuk.