Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

‘Stubborn’ petrol prices could drop below ‘holy grail’ of 130p

A view of a person using an Asda petrol pump in Chelmsford, Essex. PRESS ASSOCIATION Photo. Picture date: Thursday August 15, 2013. Photo credit should read: Nick Ansell/PA Wire
A view of a person using an Asda petrol pump in Chelmsford, Essex. PRESS ASSOCIATION Photo. Picture date: Thursday August 15, 2013. Photo credit should read: Nick Ansell/PA Wire

Average petrol prices at the pumps are staying “stubbornly above” 130p a litre despite discounts in many areas, says the AA.

Motorists in the east of Scotland have been able to buy petrol for around 128p a litre of late, but the average price nationwide is 130.46p a litre, the AA said.

This compares with an average of 131.17p a litre in mid-December 2013, while average diesel prices since have fallen from 138.61p to 138.24p a litre now.

Year-on-year, UK petrol pump prices are more than 2p lower and diesel almost 2p lower than at the start of 2013. In mid-January 2013, petrol averaged 132.71p and diesel 140.23.

The AA said disrupted oil supply from Libya and other market factors created enough wholesale price fluctuation to stop the UK’s average petrol pump price falling below the 130p-a-litre mark for the first time since February 2011.

It added that high winds, heavy rain and flooding through December 2013 were also expected to have hit pump sales volumes and hindered chances of beating the recent low of 130.13p a litre, which was set in the second week of November.

Scotland remains the worst area in the UK for diesel prices, averaging 139.1p.

AA president Edmund King said: “Lower pump prices mean that the affordability of petrol and diesel has improved significantly for the better-off.

“In January 2012, 65% of drivers in professional and senior management jobs were cutting back because of high pump prices. This has now fallen back to 52%.

“Having come so close to seeing the average UK petrol price dip below 130p a litre in the past two months, reaching it is becoming something of a holy grail. But it can be achieved, and probably more.”

Already a subscriber? Sign in

[[title]]

[[text]]