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The Independent UK

National

Rebecca Speare-Cole

Big retailers failing to cut fuel prices in line with wholesale cost, RAC warns

RAC Simon Williams Petrol Asda Morrisons Sainsbury Tesco

PA Wire

Major retailers are failing to reduce petrol prices in line with falling wholesale costs, the RAC has warned.

The roadside recovery firm said wholesale cost of unleaded – the price when it arrives at forecourts – is now back down to its early May price of 131.75p per litre, which saw average pump prices of around 167p per litre.

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