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Petrol prices hit record high as tanker drivers reject pay deal

The price of petrol at the pumps has risen to a new high, the AA said today, as fuel tanker drivers rejected an offer over pay in a dispute that could lead to strikes. However, wholesale prices have fallen by nearly 7 per cent in the last week meaning there should be a 5p a litre cut in price in the coming weeks, the AA added. After a brief halt following weeks of increases, the average cost of petrol has gone up to 142.48p a litre. Diesel, at 147.88p a litre on average, is just short of the record price which was set last week. But in many places the price is much higher.

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