Petrol below £1.50 a litre for first time since Russia invaded Ukraine

TL;DR

Petrol below £1.50 a litre for first time since Russia invaded UkraineAverage petrol prices have fallen below 150p a litre for the first time since Russia invaded Ukraine, the AA motoring group says.AA spokesman Luke Bosdet said it now cost about £23 less to fill an average-sized 55-litre car with petrol than it did in July, at roughly £82.Fuel prices began to rise last year as countries ended Covid lockdowns but surged higher when Russia - a major oil producer - invaded Ukraine, sparking concerns about global supplies.It now costs an average of 70.32p per kilowatt hour to rapid charge on a pay-as-you-go basis, up from 44.55p last May and from 63.29p last September, the motoring group said.The rises - which are being driven by increasing energy costs - mean that drivers now pay £36 to charge a typical family-sized electric car with a 64kWh battery to the level required to cover around 188 miles, it said."

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