Relief for UK drivers as petrol prices drop below 175p a litre with further cuts expected

On Wednesday, petrol averaged 175.24p a litre, having been 179.80p a litre a week ago and 135.30p a litre this time last year.

In comparison, this time last week, diesel averaged at 190.01p a litre and 136.56p a year ago.

Luke Bosdet, the AA’s pump price spokesperson, said the price drops were welcomed, but costs should be reduced more quickly.

He added: “Lower pump prices are taking the strain off family budgets at present and that benefit should eventually double to at least 30p a litre off the peak price of petrol in July.

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