THE price of petrol at the pumps has fallen to its lowest level since January 2011, according to the AA.
But the motoring organisation warned drivers that the road to recovery is "still a rocky and uncertain one".
The AA said that as of Monday, the average price of petrol across the UK was 124.93p a litre, down more than 0.75p over the weekend.
Diesel is also at its lowest level since January 2011 and now averages 129.15p a litre.
The latest figures do not include the effect of three major supermarkets lowering their petrol and diesel prices by up to 2p a litre from yesterday.
The AA said that in mid-July 2014, the price of petrol hit a summer high of 131.70p a litre. The 6.8p-a-litre difference between then and now represents a saving of £3.74 when filling a typical 55-litre fuel tank.
AA roads police head Paul Watters said: "As well as a 13 per cent fall in wholesale petrol costs, the pound has shown signs of strengthening over the past 10 days, which bodes even better news for UK consumers and businesses.
"However, before everyone gets carried away, there are two grim realities. Since 2008, the country has learned that commodities that crash one month can correct themselves or shoot up the next -such is the influence of commodity market speculation.
"Secondly, despite petrol prices 2p a litre cheaper in September compared to the summer high, official statistics show that UK petrol sales slumped to 1.46 billion litres, down 3.8 per cent on the same period last year. The road to recovery is still a rocky and uncertain one."
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