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Retailers are overcharging by as much as 12p per litre for petrol and 10p per litre for diesel, according to the RAC. The motoring body claims that oil prices fell by around 10 US dollars a barrel on Friday in response to concerns about the Omicron coronavirus variant. But it said this is yet to be reflected at the pumps. RAC fuel spokesman Simon Williams estimated that retailers are making a "shocking" 19p profit on every litre of fuel they sell, more than treble the pre-pandemic figure of 6p.