Diesel prices have fallen by a record amount, in the seventh straight monthly drop
The RAC said the average price of the fuel at UK forecourts dropped from 158.9p to 147.0p in May.
Despite this being the largest monthly reduction since the motoring services company began tracking fuel prices in 2000, it believes the cut should have been more significant to fully reflect changes in the wholesale market.May was the seventh consecutive month in which pump prices fell.Diesel prices have been dropping for months.
RAC fuel spokesman Simon Williams said: "After calling for big pump price cuts for weeks, we were pleased to see that May was the month where this finally happened. "The fact it appears to have been prompted by the Competition and Markets Authority's mid-month announcement about weakening competition in fuel retailing is surely not a coincidence.
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