Petrol Prices Drop to Near Four-Year Low Ahead of Bank Holiday Weekend

Petrol prices in the UK have fallen to their lowest level in nearly four years, with the average price per litre now at 134.06p, offering relief to drivers ahead of the bank holiday weekend. The RAC welcomed the decline but criticized retailers for not passing on even greater savings, noting that current wholesale costs should allow for a further 4p per litre reduction, potentially bringing petrol down to 130p and diesel to 136p. Retailers are urged to lower prices daily to reflect falling oil prices, which are now below $65 a barrel. Despite the price drop, motorists are warned that motorway service stations continue to charge significantly more than supermarkets or local retailers. Over 17 million leisure car trips are expected between Friday and Monday, with traffic experts predicting peak congestion on major routes during the afternoon and early evening. The RAC's head of policy highlighted that the current low comes after years of record-high fuel prices, offering welcome news to road users.