Lowest fuel for 3 years

THE price of petrol at the pumps has fallen to its lowest since January 2011, according to the AA.

But the motoring organisation warned drivers that the road to recovery is “still a rocky and uncertain one”.

The AA said the average price of petrol across the UK was 124.93p a litre – down more than 0.75p over the weekend.

Diesel is also at its lowest level since January 2011 and now averages 129.15p a litre.

The latest figures do not include the effect of three major supermarkets lowering their petrol and diesel prices by up to 2p a litre from yesterday.

The AA added that in mid-July 2014, the price of petrol hit a summer high of 131.70p a litre.

The 6.8p-a-litre gap between then and now represents a saving of £3.74 when filling a typical 55-litre fuel tank.