Fuel prices have to decrease & # 39; & # 39; if oil falls below $ 70

Fuel prices have to decrease & # 39; & # 39; if oil falls below $ 70: Campaigners accuse suppliers of driving away from drivers at the pumps

  • According to campaigners, 5p per liter was more expensive than it should be

City & Finance Reporter for the Daily Mail

Petrol stations are encouraged to lower fuel prices after oil fell below $ 70 a barrel for the first time since April.

Campaigners said that lead-free was on average 5 p per liter more expensive than normal, while diesel 3p was steeper than necessary.

They accused & greedy & # 39; suppliers of driving away from drivers at the pumps.

Fuel offensive: campaigners said that lead-free was on average 5 p per liter more expensive than it should be while diesel 3p was steeper than needed

Fuel offensive: campaigners said that lead-free was on average 5 p per liter more expensive than it should be while diesel 3p was steeper than needed

The crude oil price fell as low as $ 69.13 a barrel, while it was trading nearly $ 71 today.

Oil has lost about 20 percent of its value since last month was four years higher than $ 86 per barrel.

But fuel prices have remained high.

The average price of a liter of unleaded petrol dropped from a peak of 131.58 p. Mid October to 129.78 p while the diesel is above 136 p according to The AA.

Howard Cox, founder of the Fair Fuel UK campaign, said: "We are already the best taxed drivers in the world because of the government's greed.

Pom Pump prices should be 5p lower for petrol and 3p lower diesel. & # 39;

It is hoped that a price war of the supermarket will reduce the prices of the pumps in the coming weeks.

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