Fuel pump prices have shot up further in the last day, breaking records again and bringing further pain to drivers.

The RAC said the latest jump in oil prices is likely to take the average price of petrol towards 155p a litre and diesel to 160p

On the back of Russia’s invasion of Ukraine, the average price of petrol reached another new record high on Tuesday with a litre now at 151.67p.

The data from the RAC also reveals that diesel has now exceeded £1.55 a litre for the first time ever at 155.23p.

The pump price rises came as oil prices soared on Tuesday, with US benchmark crude surpassing $100 per barrel for its highest price since 2014.

Yesterday also saw the US and other major oil-consuming nations announce they would make 60 million barrels of oil available from their emergency stockpiles, sending fresh new crude supplies into the market. But this only covers 20 days of the current assumed three million barrels a day of lost supply from Russian crude oil exports, according to financial services group SEB.

Fuel prices are expected to keep rising in the coming days too.

RAC fuel spokesman Simon Williams said: “The sudden $10 jump in the oil price on Tuesday to $113 a barrel is likely to take the average price of petrol towards 155p a litre and diesel to 160p, particularly as it’s looking like this price isn’t just a market blip caused by the US and allies deciding to dip into the strategic oil reserve. If oil does stay at this level, the journey to an average unleaded price of 155p may be far too quick.”