Petrol prices have fallen to their lowest in more than two years, dropping below 140p a litre.

According to the AA, the last time petrol was cheaper was on October 13, 2021, when it averaged 139.55p.

Since then, however, motorists have endured record high prices of 191.53p for a litre of petrol, and nearly 200p for a litre of diesel in summer 2022, months after Russia's invasion of Ukraine.

A typical 55-litre tank will now cost drivers £76.98, a drop of £28 from its 2022 peak of £105.34.

Luke Bosdet, the AA’s spokesman, told The Telegraph: "While the dramatic improvement in pump prices gives big savings to families and businesses, and also redirects millions of pounds from fuel sales potentially back to the high street, pump prices remain historically very high.

"Before Covid and the Ukraine war, the worst drivers faced was the 142.48p record set in April 2012.

"The danger is that current pump-price levels are baked in as the new normal."


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Brent crude oil futures were up 2.27% today, trading at $79.17 per barrel.

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