Home Business NewsBusiness Fuel prices fall for the first time in a month

Fuel prices fall for the first time in a month

by LLB Reporter
22nd Mar 22 11:46 am

Average fuel prices have fallen for the first time this month, the RAC reported today.

The average cost of a litre of petrol at UK forecourts on Monday was 166.6p, down from 167.0p the day before.

RAC fuel spokesman Simon Williams said: “Monday marked the first day this month where average fuel prices didn’t reach new record heights.

“Prices steadied with very slight reductions in both petrol and diesel perhaps indicating that retailers may have finished passing on their increased wholesale costs for the time being.”

“With prices this high before retailer margin and 20% VAT are added it’s clear we are in a tough place when it comes to being able to afford to drive,” he said.

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