Simon Williams Britain COST UPS Simon Williams Britain

UK petrol prices not falling in line with wholesale cost – RAC

Reading now: 979

Petrol prices at the pumps are not falling fast enough and in line with wholesale price drops, according to the RAC.Over the last eight weeks, the average price paid for unleaded by drivers across the UK has only dropped by 9p a litre– all of which came off in July – despite wholesale petrol prices falling by 20p in the same time period.According to the motoring organisation, the wholesale cost of unleaded is now back to the prices reached in early May, meaning a litre should be 167p, not 183p.

The disparity in cost from wholesale to consumer means drivers are paying nearly £9 more on a tank of petrol than they should be, it said.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News