Fuel retailers making ‘shocking’ 19p a litre profit after failing to pass on oil price cut, RAC warns

  • Date: 30-Nov-2021
  • Source: SkyNews
  • Sector:Retail
  • Country:Gulf
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Fuel retailers making ‘shocking’ 19p a litre profit after failing to pass on oil price cut, RAC warns

Fuel retailers should be scrutinised by the government if they fail to cut prices, a RAC boss has suggested.

Petrol and diesel prices remain high despite a reduction in the wholesale price of oil.

Retailers are overcharging by as much as 12p per litre for petrol and 10p per litre for diesel, according to the RAC.