RAC in call to cut fuel prices

THERE IS “no good reason” why fuel retailers are refusing to cut prices, a motoring organisation has claimed.

Forecourt prices should be reduced by 2p per litre to reflect a drop in wholesale costs, according to the RAC.

Drivers have suffered a rise in fuel prices almost every day since the end of April despite wholesale costs coming down by about 2.5p per litre since May 24.

Average UK forecourt prices currently stand at £1.29 per litre for unleaded and £1.33 for diesel.

RAC spokesman Rod Dennis said: “Our data shows it’s high time retailers cut the price of petrol and diesel at the pumps.”