A new analysis conducted by the Royal Automobile Club said that while wholesale diesel prices fell by 32p, pump prices only dropped by 20p
The RAC has warned that fuel retailers are failing to fully enclose the huge falls in wholesale costs, impacting diesel drivers the most.
Wales Online reports that In a similar time frame, petrol wholesale costs lowered by 23p a litre, but average pump prices dropped by just 18p per litre after a whole month. Price reductions at forecourts ground to a halt this week as wholesale costs started slowly rising again. RAC fuel spokesman Simon Williams said: “This is a galling situation for drivers who are struggling more than ever given the impacts of the wider cost-of-living crisis.
Top Trending Stories Today “We urge the Government to focus on ensuring retailers quickly pass on savings to drivers every time there is significant downward movement in the wholesale price of fuel – not just to ensure drivers aren’t treated unfairly, but also because there is a clear correlation between high fuel prices and higher levels of inflation.”
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