Diesel cost falls by a record 12p as prices plummet at Britain's pumps trends now
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Diesel prices fell by a record of nearly 12p per litre last month, figures show.
The RAC said the average price of the fuel at UK forecourts dropped from 158.9p to 147.0p in May.
Despite this being the largest monthly reduction since the motoring company began tracking fuel prices in 2000, it believes the cut should have been more significant to fully reflect changes in the wholesale market.
The price drop has lowered the cost of filling a typical 55-litre family car by around £6.50.
May was the seventh consecutive month in which pump prices fell. The average price of a litre of petrol dropped by more than 3p from 146.5p to 143.3p last month.
The RAC said the average price of the fuel at UK forecourts dropped from 158.9p to 147.0p in May
On May 15, the Competition and Markets Authority watchdog reported that indications show higher pump prices in 2022 'appear in part to reflect some weakening of competition'.
RAC fuel spokesman Simon Williams said: 'A 12p reduction
