UK petrol prices not falling in line with wholesale cost – RAC

The average price paid for unleaded petrol by drivers has only dropped by 9p in past eight weeks, while the wholesale cost has fallen 20p. Photograph: Andy Rain/EPA

Petrol prices at the pumps are not falling fast enough and in line with wholesale price drops, according to the RAC.

Over the last eight weeks, the average price paid for unleaded by drivers across the UK has only dropped by 9p a litre– all of which came off in July – despite wholesale petrol prices falling by 20p in the same time period.