The Association of Convenience Stores will be attending a roundtable with the Chancellor Rachel Reeves and Energy Secretary Ed Miliband in Downing St this afternoon, explaining to the Government that prices at the pumps are as a result of wholesale price volatility, not profiteering by businesses.
The crude oil price has fluctuated wildly in recent days. Over the past month, the price of crude has increased by over 50% as a result of the war in Iran, peaking at around $120 a barrel on Monday.
13.03.2026
