The price of petrol has dropped to 145p per litre for the first time in 18 months – but the RAC claims it should be 3p lower
The price of diesel has also fallen, with the average price 154.31p as of 14 May. This is its lowest price since 28 February 2022 and represents a near-5p decrease on last month's figure .These prices represent a marked decrease on last summer’s figures, when petrol peaked at 191.5p on 3 July and diesel at 199.09p on 25 June.
RAC fuel spokesman Simon Williams said: “Seeing the price of unleaded fall back under 145p a litre for the first time in 18 months is good news for the country’s 19 million petrol car drivers. This means it’s now nearly £26 cheaper to fill up a family-sized petrol car this summer compared to last year, when a litre hit the record price of 191.5p."
Diesel was reported at 6p per litre cheaper than petrol on the wholesale market yet continued to be more expensive than petrol on the forecourt.
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