Drivers losing out on petrol
DRIVERS lost out as fuel retailers refused to cut petrol prices last month despite a drop in wholesale costs, a motoring firm has claimed.
RAC Fuel Watch data shows that there was a 3.5p per litre drop in the wholesale prices during the month, yet petrol started and finished the month at 130.6p per litre.
This means the average cost of filling a 55-litre family car with petrol has stayed at £71.83 when it would have been nearly £2 cheaper if retailers had reflected the lower wholesale prices on forecourts, according to the research.
RAC fuel spokesperson Simon Williams said: “Every motorist driving a petrol car should feel aggrieved that the price of a litre stayed the same in October when it should have fallen by more than 3p.”