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Despite the wholesale price of diesel being cheaper than petrol for all of June motorists are still paying 3p a litre more at the pumps. The RAC’s Fuel Watch report for June shows the price of diesel has become the ‘elephant in the room’ with wholesale prices 1p to 3p a litre lower than petrol yet the average price of a litre of diesel is 120p, compared to 117p for petrol.