Drivers are being warned that supermarkets are charging “far higher” fuel prices than they should be amid the current cost of living crisis. The RAC has accused the UK’s biggest fuel retailers of refusing to lower their pump prices despite a drop in wholesale costs.
Supermarkets’ profit margins are currently around 15p per litre for petrol and diesel, it said, which means customers are being charged an “unnecessarily high” average price of 161.0p per litre for petrol and 184.4p for diesel.
This is around 2p per litre lower than the average for all UK forecourts. However, supermarkets normally charge around 3.5p per litre less than the UK average.
