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Petrol prices drop to lowest level in almost five years
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The Independent
Read our Privacy noticeDrivers of petrol cars are currently benefiting from the lowest fuel prices recorded since summer 2021, according to fresh analysis.
The average cost of a litre of petrol at UK forecourts now stands at 131.91p, the RAC has said.
This marks a notable decrease, with prices not having been this low since July 2021, when they averaged 131.81p per litre.
The motoring organisation highlighted that petrol prices have fallen by more than 5p since the beginning of December, offering drivers a saving of nearly £3 when filling a typical 55-litre family car.
It said this could not be explained by operating cost pressures, as claimed by supermarkets and other fuel retailers, and signalled that competition in the sector was “weak”.