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'Genuine boost' for UK drivers as petrol prices fall to lowest level in 5 years
Petrol prices average 131.91p per litre, the lowest since mid-2021, but the Competition and Markets Authority reports rising retailer profit margins amid weak competition.
- At UK forecourts, drivers of petrol cars see average petrol prices dip to 131.91p per litre, the lowest since June 9, 2025, RAC says.
- The decline followed a fall in global oil prices, with Brent crude dipping below $60 per barrel, a level not seen since early 2021, feeding through to pump costs.
- Since early December, petrol prices have fallen by more than 5p per litre after a 2p December cut, saving £2.90 on a 55-litre family car fill, with a full tank costing £72.55.
- The Competition and Markets Authority found retail fuel retailers' profit margins rose and said January reductions could have been larger if savings were passed on, with overcharges of £900 million in 2022 and £1.6 billion in 2023.
- Despite lower pump prices, the CMA says retailer margins remain high, with diesel prices falling 3p per litre since early January to 140.97p, and a full tank costing £77.53.
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Petrol and diesel drivers handed 'genuine boost' at fuel stations as prices drop to four-year low
Petrol and diesel drivers are finally seeing relief at the pumps as new data has shown that fuel prices have fallen to the lowest price since the summer of 2021.Motorists across the UK are now paying an average of 131.91p per litre for petrol, with prices dropping by three pence in the first year of the month.This is the lowest price for unleaded fuel since July 2, 2021, when average prices sat around 131.81p per litre. Since the start of Decemb…
·London, United Kingdom
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The IndependentReposted by 
The Independent (US)
The Independent (US)Petrol prices drop to lowest level in almost five years
A litre of petrol at UK forecourts costs an average of 131.91p, the RAC said
·London, United Kingdom
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Total News Sources25
Leaning Left2Leaning Right2Center13Last UpdatedBias Distribution76% Center
Bias Distribution
- 76% of the sources are Center
76% Center
12%
C 76%
12%
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