Petrol falls beneath 145p per litre ‘for the primary time in 18 months’

RAC evaluation exhibits that petrol has fallen beneath 145p per litre “for the primary time in 18 months”  and diesel has dropped beneath 155p.

Petrol and diesel hit document highs in July 2022 primarily as a result of Russian invasion of Ukraine which induced a hefty enhance in the price of oil.

RAC gasoline spokesman Simon Williams mentioned, “Seeing the value of unleaded fall again below 145p a litre for the primary time in 18 months is sweet information for the nation’s 19 million petrol automotive drivers.

“This implies it’s now practically £26 cheaper to refill a family-sized petrol automotive this summer time in contrast with final yr.

“Whereas it’s excellent news diesel has additionally dropped beneath 155p a litre, drivers of the UK’s 12 million diesel vehicles – and numerous companies who rely it to gasoline their automobiles – needs to be paying 20p a litre much less as its wholesale value is now 4p decrease than petrol’s.”