Six weeks after petrol prices fell to below £1 a litre on supermarket forecourts, the UK average has yet to fall to that level
Six weeks after petrol prices fell to below £1 a litre on supermarket forecourts, the UK average has yet to fall to that level. AA analysis has found that potential price cuts from the lower cost of oil have been lost in commodity market prices that have failed to fall in line with oil.
Unleaded prices have dropped 2.2p from 104.4ppl to 102.2 ppl. Diesel prices have fallen back 5.1p from 107.7 ppl to 102.6 ppl. The price difference between diesel and unleaded is just 0.4 ppl.
The North West, West Midlands and Scotland have recorded the highest price for unleaded at 102.6 ppl. East Anglia and Yorkshire & Humberside have recorded the lowest price for unleaded at 101.9 ppl. The North and Scotland have recorded the highest diesel price at 103.1 ppl. Northern Ireland has the cheapest diesel at 101.6 ppl.
Supermarket prices for unleaded remain at 99.9 ppl. The gap between supermarket prices and the UK average for unleaded has shrunk to 2.3 ppl.
(Fuel price data is supplied by Experian Catalist in cooperation with Arval UK Ltd)
(2 February 2016)