Four major supermarket chains across the UK are facing renewed criticism from motoring groups for 'refusing' to lower petrol prices further to match dropping wholesale costs.
The RAC has claimed that the gap between prices at the pump and wholesale prices is the widest it has been in almost a decade. The criticism comes just after supermarkets across the country began dropping their prices in a bid to attract drivers looking for lower prices amidst rising petrol costs.
Drivers are still paying around £1.76 per litre for fuel at forecourts, despite analysts suggesting that the actual price should be around £1.62. This is because the average price for delivered wholesale petrol last week was £1.24, with diesel at £1.38, reports Hull Live.