Motorists have been hit by fuel prices reaching new highs despite a slump in wholesale costs.
Figures from data firm Experian Catalyst show the average cost of a litre of petrol at UK forecourts on Monday was 163.7p. This takes the cost of filling a typical 55-litre family car with petrol above £90 for the first time.
But savvy drivers can find the cheapest petrol and diesel prices in their area in just a matter of seconds. The average cost of a litre of diesel on Monday was a record 173.7p.
READ MORE: HSBC to close 69 stores with Merseyside branch affected
Oil prices surged after Russia's invasion of Ukraine but declined in recent days, leading to a cut in wholesale costs for fuel retailers. RAC fuel spokesman Simon Williams said: "Drivers should be encouraged by oil and wholesale prices dropping again yesterday.
"It's now vital that the biggest retailers who buy fuel most often start to reflect these reductions at the pumps to give drivers a much-needed break from the pain of constantly rising prices."
However, Confused.com has a handy tool allowing drivers to find the cheapest fuel near where they live. All you have to do is select your fuel type and add your postcode.
For example, the cheapest petrol near this Bootle postcode (L20 4SZ) is currently at Sainsbury's Rice Lane. You only get one free postcode search a day before needing a Confused.com account.
But if you're wanting to avoid the price hike, you can click the link to Confused.com here.
Receive newsletters with the latest news, sport and what's on updates from the Liverpool ECHO by signing up here
