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Petrol and diesel have now fallen by around £25 a tank since their peaks last summer

Petrol falls below 145p a litre for first time in 18 months

Petrol has fallen to under 145p a litre for the first time in 18 months. Diesel is now below 155p for the first time since end of February last year. Both fuels are £25 a tank cheaper than at their peaks last summer.

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RAC reacts to CMA announcement that fuel margins have increased across the retail market

The Competition and Markets Authority has today confirmed that retailer margins on fuel have increased. The CMA is also concerned there is evidence of weaker competition in diesel, as compared with petrol, since the beginning of 2023. In addition, it is going to conduct formal interviews with the supermarkets’ senior management in order to get to the heart of the issues.
RAC fuel spokesman Simo

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