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Petrol prices could fall by £1.50 a tank, says the AA

Petrol prices could fall by £1.50 a tank, says the AA

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Petrol prices could fall by as much as 3p a litre as a result of falling wholesale prices and a potential supermarket price war, the AA has said.The price of both petrol and diesel is currently at a four-year high, after 11 consecutive weekly price increases.Average petrol prices hit 130.6p a litre this week, while average diesel prices rose to 134.6p a litre.The AA said it was now a question of "how quickly" supermarket forecourts passed on lower costs to drivers.The motoring organisation - which offers advice to drivers - said falling wholesale costs had in the past triggered a forecourt price battle, with supermarkets jostling to offer drivers the cheapest prices.Fuel price calculator: How much do you pay?Luke Bosdet, from the...