Prices at the petrol pump are on course to dip below 160p a litre thanks to plummeting wholesale rates, just weeks after hitting a record high, according to the AA.
Major retailers are failing to reduce petrol prices in line with falling wholesale costs, the RAC has warned.
Pressure is building on the Government to cut fuel duty again after the average cost of filling a typical family car with petrol exceeded £100.
Petrol and diesel prices have reached record highs, according to new figures.
Diesel prices have reached a record high of more than 180p per litre, new figures show.