The AA motoring group says falling wholesale costs could lead to £10 off a tank within a fortnight.
Fuel prices have soared in recent months, driven by the war in Ukraine and moves to reduce Europe's dependence on Russian oil.Wholesale petrol peaked above £1 per litre at the start of June, but dropped to below 80p per litre for much of last week.
"The problem is that, in many places, the price cuts are quite simply not happening despite more than six weeks of falling costs," he added.said it would investigate petrol and diesel pricingThe Competition and Markets Authority said it had discovered a sharp rise in prices once fuel had been processed by oil refineries.However, it said retailers had passed on the 5p fuel duty cut to motorists.
"It's difficult to see how crude does anything but go up, while the war rages, and that's not good news in the medium term for petrol prices," he said.
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