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Price of petrol and diesel dropping

Posted by Phil Voice on December 11, 2014 at 7:19am in Business

From the BBC: The average price of UK petrol has dropped below £1.20 a litre, its lowest level since December 2010, according to government figures.

Oil has fallen from about $115 (£72) per barrel in June to about $65 per barrel, a decline of almost a half.

In comparison, petrol prices in the UK have fallen from a high of about 131.11p per litre in the summer to 119.83p - a decline of about 9%.

Diesel dropped from 136.22p to 124.79p.

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Tags: petrol, diesel, oil, price
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