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Prices have been dropping for the last few months. They peaked at around £1/litre in July/August and have been on the way down ever since.

Pump prices follow crude prices almost instantly when crude goes up, but then come down only very slowly.

Usually what happens is one of supermarkets breaks ranks to score some quick cross-over interest, and the others have to follow.

Independent forecourts set their own prices, and they're usually even higher.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sun Oct 8th, 2006 at 05:40:44 AM EST
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