"After 46 days of rising prices, the cost of both petrol and diesel across the country has finally begun to drop very slightly. Wholesale prices are still lower, so we're hopeful there will be further reductions amounting to several pence a litre in the coming days."
"While we're a long way from a return to the prices we had at the start of the conflict, there's now a glimmer of light at the end of the tunnel."
UK motorists experienced a minor decrease in fuel prices, with petrol dropping to 158.1p and diesel to 191.2p. This marks the end of a 46-day increase due to rising global oil prices linked to the Middle East conflict. Despite the reduction, prices are still significantly elevated compared to pre-conflict levels, with petrol 25p and diesel 49p higher. The RAC expressed cautious optimism for further reductions, while noting ongoing volatility in global energy markets as a risk factor.
Read at London Business News | Londonlovesbusiness.com
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