Asda has announced that it has cut the price of petrol and diesel for its customers.
The supermarket giant said it has cut the price of unleaded by 5p per litre and diesel by 3p to help motorists save money when filling up their tanks.
Petrol prices have rapidly increased over the last six months, setting record highs at the beginning of July.
At the start of the month prices reached amounts of 191.53p for petrol and 199.07p for diesel, making a full tank of petrol the most expensive it has ever been.
Average prices have now reduced slightly, but are nowhere near the costs they were at the start of this year.
AA fuel price spokesman Luke Bosdet said: "Asda's price move is impressive, in effect cutting 10p a litre off the UK average price of petrol.
"That's potentially a fiver off a tank for those filling up this weekend, compared to the artificially-high prices on too many major retailer forecourts and in too many towns."
The price of crude oil, a substance used to make both petrol and diesel has increased - making both forms of fuel more expensive to make.
Petrol retailers don't always reduce the price when the cost of crude oil decreases.
Both the RAC and the AA have accused retailers of maintaining high prices and keeping the extra profit.
When the pandemic hit, crude oil actually became cheaper. Many companies collapsed and the demand for oil was less.
But as restrictions eased and some sort of normality was restored, demand increased again and prices have continued to rise.
Another contributing element is that the price of oil is normally charged on the dollar.
With the pound suffering during the peak of the pandemic, the foreign exchange rate meant an increase in price for the UK.
Will the cost of petrol ever go back down?
The cost of petrol and diesel have already began decreasing, albeit very slowly.
Prices will ultimately depend on how the rest of the world deals with replacing the oil produced by Russia.
Once other countries can deal with the demand to fuel the rest of the world, prices will start to ease.
However, it is unlikely that prices will drop back down to the amount it used to be in the near future.
In an effort to try and make petrol prices more affordable for the people in the UK, the government announced a £37bn package to try and ease the affects of the cost of living crisis.
