Grangemouth oil refinery's owner turns down a further bid to buy out the site ahead of its closure

The owner of a petrol station is warning drivers fuel prices could rise after the closure next year.

Sir Keir Starmer has been urged to take action after it was announced 400 jobs will be lost at the site.

The Scottish and UK governments are optimistic workers facing redundancy will be offered new jobs.

Scotland's public finance minister Ivan McKee tells the BBC there is "absolutely a potential buyer" for the oil refinery.

The first minister said Petroineos' decision to close the oil refinery was "far too early".

Petroineos announced plans to close the site in November, but the first minister said the move was premature.

Petroineos said the closure of Grangemouth was due to it being unable to compete with more modern foreign sites.