UK petrol and diesel prices still remain low with drivers making mega savings

Although the coronavirus restrictions have been easing, fuel prices are still low in the UK.

Drivers are enjoying savings of up to 6p per litre when they fill up their cars.

Petrol and diesel costs are almost identical to a month ago despite warnings of prices going up.

Analysis from AA has revealed there is an "astonishing" 6p per litre price gap in favour of the superstores.

Meanwhile, supermarket diesel customers are still taking advantage of a saving of up to 5p a litre.

It also found these savings equate to a reduction of between £3.30 and £2.75 in charges depending on the fuel type.

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However, the AA said there had been concern that costs could rise amid Hurricane Laura in the US.

The storm forced oil production shutdown at the end of August which saw the cost of fuel increase by up to $4.

It also claimed that traditionally every $2 increase results in a slight 1p per litre change in forecourt prices.

Fortunately, these charges did not get passed out which has helped to balance out the prices in the UK.

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The analysis by AA revealed the average cost of petrol in the UK is 114.54p per litre in a slight 0.06p increase compared to August.

Its findings discovered that Morrisons had the cheapest petrol on the market with an average value of just 109.38p per litre.

Meanwhile, BP was the most priciest with 116.86p per litre.

Diesel average prices have increased by 0.05p over the past month as values rose to 118.23p per litre.

It recorded Asda as the cheapest on the market with a price of 113.56p per litre although costs rose by 0.65p over the month.

AA's fuel spokesman Luke Bosdet said: "With all the chopping and changing with coronavirus restrictions and the uncertainty that has brought, pump prices on a plateau for nearly two months have given some reassurance to families with cars.

"However, it's not all fairness and balance on the forecourts: one oil company (Jet) is able to average a £1 a tank less for petrol and diesel than other retailers in its group, and pump prices at the same supermarket can vary by 2p a litre within a few miles."

AA's analysis revealed costs could differ up to 6p per litre across one area as many firms offered varying prices.

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