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