Gasoline costs at UK forecourts have fallen to the bottom stage since mid-Might.
Figures printed by the Division for Enterprise, Vitality and Industrial Technique present a litre of petrol price a mean of 165.5p on Monday, whereas diesel was 181.1p per litre.
They're the bottom costs since Might 16, coinciding with a fall in wholesale prices attributable to a drop in oil costs.
The best common gas costs for the 12 months thus far had been recorded on July 4, when petrol was 191.6p per litre and diesel was 199.2p per litre.
Since then, the price of filling up a typical 55-litre household petrol automotive has been minimize by greater than £14, whereas refuelling diesel fashions prices almost £10 much less.
AA gas worth spokesman Luke Bosdet mentioned: “Though the autumn in pump costs has slowed in latest weeks, they proceed to trickle down steadily.
“This was to be anticipated as the tip of the US summer season motoring season eases the strain on gasoline demand and subsequently reduces the wholesale worth of petrol on this nation.
“At UK avenue stage, petrol costs round 155p a litre are starting to seem once more.”
RAC gas spokesman Simon Williams mentioned: “Whereas that is clearly excellent news, costs ought to have fallen a lot additional than they've because of the large discount in the price of wholesale gas this summer season.
“The principle purpose this hasn’t occurred is that the massive 4 supermarkets, which dominate UK gas gross sales, have refused to cross on financial savings.
“Common margins are actually 19p a litre – 12p greater than the long-term common. Petrol ought to actually be on sale for 153p a litre and diesel 175p.
“We hope the Competitors and Markets Authority is watching what’s taking place intently.”
Regardless of the autumn in costs, a brand new survey signifies that fifty% of UK drivers are reducing again their automotive utilization to save cash.
The ballot of two,807 individuals commissioned by automotive categorised promoting enterprise Auto Dealer urged that motorists in north-east England are almost certainly to be lowering their mileage, at 56%.
Some 68% of respondents from throughout the UK mentioned they plan to sacrifice consuming out in favour of filling up their car.