A group of Labour MPs have called on the national regulator to take action against expensive petrol and diesel prices, as they argue drivers continue to be "ripped off" at the pump.
The Competition and Markets Authority (CMA) publishes a quarterly report, which looks into average fuel prices and whether drivers are being treated fairly at the pumps.
In its most recent road fuel update report, the CMA reported that fuel margins "remain stuck" at historic highs, putting further pressure on motorists.
Between October 2024 and February 2025, average petrol and diesel prices increased, which the CMA stated was in response to global crude oil prices and refining spreads.
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The Labour MPs complained that drivers were still being hit at the pumps
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A group of five Labour MPs have now called on the CMA to consider issuing fines to retailers who rip motorists off at the pumps.
The group said: "High fuel costs are where the public and businesses see and feel the pain of rising bills the most," the Sun reported.
According to RAC Fuel Watch, drivers are paying an average of 132.51p per litre for petrol and 138.75p for diesel.
The RAC forecasts that both prices should fall in the near future, as should the forecourt price of super unleaded and premium diesel.
In a bid to help drivers save even more money, the Government will be unveiling the Fuel Finder scheme by the end of the year, to help drivers find the cheapest prices in their local area.
It will require all UK petrol stations to report prices and the unavailability of fuel within 30 minutes of a change, with estimates showing it could reduce costs by between one and six pence per litre.
The Fuel Finder scheme promises to "improve transparency" and empower drivers to find the cheapest fuel prices, as the Government pushes for the tool to be available on map apps.
Dan Turnbull, senior director of markets at the CMA, described the Fuel Finder scheme as a "game-changer for drivers".
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Despite this, Graeme Downie, MP for Dunfermline and Dollar, urged the CMA to take urgent action, including fining retailers who do not cut prices.
Prices have generally fallen since the summer of 2022, when drivers were paying an average of 191.36p for petrol and a staggering 198.91p for diesel.
Chancellor Rachel Reeves helped drivers last October during the Autumn Statement, when she announced that the rate of fuel duty would remain frozen, much to the shock of the industry.
The Labour MP for Leeds West and Pudsey said the Government would be freezing fuel duty and extending the temporary five pence per litre cut for a further year.
Petrol and diesel prices are expected to fall further once the Fuel Finder scheme is introduced
PAFigures suggest the move would cost the Government £3billion next year, but would save hard-working families and businesses an average of £59 per person.
Reeves also cancelled the planned inflation-based increase to fuel duty, with the current freeze set to expire on March 22, 2026.
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