For years, motorists have benefited from the big supermarket chains competing to give them the lowest petrol prices. But that era may be over, according to the RAC.
The motoring organisation believes supermarket fuel retailers have stopped using pump prices to encourage customers into their stores. It says drivers are continuing to be hit by rising fuel prices, despite a dip in wholesale costs.
Figures from data firm Experian show the average price of a litre of petrol at UK forecourts reached a new high of 191.4p on Thursday, while diesel rose to 199.1p. RAC fuel spokesman Simon Williams said the rise in the price of petrol illustrates “the biggest retailers’ resistance to reduce their pump prices in line with the lower wholesale cost of unleaded”.
