Biggest fall in petrol prices since 2008

Have your say

Motorists are enjoying the biggest fall in petrol prices since the credit crunch days of 2008.

But the AA has warned that a further dip in prices is unlikely.

Average petrol prices in the UK fell 5.49p a litre between mid September and mid-October – the biggest monthly fall since the 11.5p petrol price collapse in November 2008, the AA said.

Petrol is now averaging 132.16p a litre, while diesel has dipped from 142.50p a litre to 139.12p.

The AA said the price falls have cut £2.74 off the cost of refuelling a small petrol car and £3.84 off the bill for a Ford Mondeo-sized petrol vehicle. A family with two petrol cars will have seen the monthly fuel bill fall by £10.