Fuel Profit Margins Still Persistently High, Says Watchdog

Fuel profit margins remain 'persistently high' and 'not explained' says watchdog

New report analyses fuel market competition and factors affecting prices paid by drivers

Fuel profit margins still persistently high, says watchdog

The consumer watchdog says weak competition between retailers is keeping profit margins up.

Watchdog warns drivers may be paying over the odds for fuel - Birmingham Live

The Competition and Markets Authority (CMA) has questioned the excuse from retailers of higher operating costs

Fuel retailers ramping up profit margins amid ‘weak’ competition – CMA

The Competition and Markets Authority found that fuel retailer profit margins remain ‘persistently high’ and unexplained.

CMA warns fuel margins ‘persistently high’ as new fuel finder scheme set to launch

The Competition and Markets Authority (CMA) has concluded in its first annual road fuel monitoring report that fuel margins remain “persistently high” and are not explained by retailers’ operating costs. The watchdog says this pattern suggests “competition in the sector is weak” and that, if it were working properly, “drivers could see lower prices at the pump”.​ Dan Turnbull, Senior Director of Markets at the CMA, said: “Fuel margins remain at …

Millions of drivers paying more for petrol and diesel despite prices falling

Campaigners claim motorists are being over charged when they fill up after report reveals profit margins on fuel have grown Petrol stations have been accused of profiteering at the expense of millions of motorists. A study by the Competition and Markets Authority concluded that fuel forecourt operators were raking in “persistently high” profit margins. The watchdog also rubbished claims put forward by industry chiefs. The findings that drivers h…