Petrol prices are on course to dip below 160p a litre thanks to the continued drop in wholesale rates, according to the AA.
Wholesale costs have fallen 30p from their June peak when prices at the pump hit a record high of 191.5p.
Diesel also appears to be falling, from 190.01p a litre last week to 185.9p.
A spokesperson for the AA claims a drop in the pricing could also see infaltion roll back on some goods and services.
“Lower pump prices are taking the strain off family budgets at present and that benefit should eventually double to at least 30p a litre off the peak price of petrol in July,” AA spokesman Luke Bosdet said.
“However, increases in domestic energy prices are likely to overwhelm those savings heading into the winter.
“That is why the UK needs the fuel trade to pass on the savings as quickly as possible.
“The 20p-a-litre fall in diesel wholesale costs should also be contributing to lower transport costs that will hopefully roll back some of the inflation on goods and services.”
Where are the cheapest places to get fuel in Swindon?
Here are five of the cheapest petrol prices, as well as five of the cheapest diesel prices in Swindon as of Monday, 1h August 2022 9am.
Unleaded
BREEZE NEWPORT STREET 169.9p
ASDA WEST SWINDON 171.7p
ASDA ORBITAL 171.7p
APPLEGREEN OASIS Unleaded 172.8p
BP BRIDGE END ROAD SERVICE STATION 172.9p
Diesel
BREEZE NEWPORT STREET 179.9p
SHELL STRATTON 182.9p
ASDA WEST SWINDON 183.7p
TESCO SWINDON EXTRA 183.9p
BP CRICKLADE ROAD 183.9p
Prices taken from Petrol Prices.com
