RAC comments on supermarket fuel price cuts

Reacting to the news that major retailers will be cutting the price of petrol and diesel to reflect falling wholesale prices, RAC fuel spokesman Simon Williams said: 

“It’s great to see supermarkets passing on savings in the wholesale cost of fuel to motorists who have endured rising prices at the pumps since the end of March. A litre of petrol is now 13p more expensive than a year ago while diesel is 15p dearer so every penny that comes off the forecourt price is very welcome.

“We are hopeful that OPEC’s meetings in Vienna today and tomorrow will result in oil production restrictions being lifted which could lead to cheaper fuel prices for drivers in the UK.”