Motorists still being ripped off at the pumps as fuel retailers keep profits high ...Middle East

The Sun - Sport
Motorists still being ripped off at the pumps as fuel retailers keep profits high
MOTORISTS are still being ripped off at the pumps as fuel retailers keep profits high, the competition watchdog warned. Despite falling global oil prices, supermarkets and ­petrol stations are pocketing more cash — with profit ­margins climbing since April. The Competition and Markets Authority said supermarket profits on fuel jumped from 7 to 8.1 per cent a litre between April and August. Other retailers raked in even more — boosting margins from 7.8 to 10.2 per cent. The organisation’s Dan Turnbull said: “Drivers are paying more for fuel than

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