Diesel drops below £1 a litre

DRIVERS with diesel engines are today paying less than a £1 for a litre of fuel at most garages in the region.

DRIVERS with diesel engines are today paying less than a £1 for a litre of fuel at most garages in the region.

Diesel has fallen below the £1-a-litre threshold for the first time in a year, with supermarkets again initiating the drop in price.

Customers in Suffolk are benefiting from paying 32p less per litre than the July high of 131.9p at some garages.

Morrisons led the ongoing price war this week by becoming the first retailer to break the pound barrier - reducing diesel by 5p.

The supermarket chain was swiftly followed by Asda, Tesco, Sainsbury's, Shell and BP - meaning a full tank of diesel could cost motorists £18 less than in the summer.

Meanwhile unleaded continued to fall to as low 87.9p a litre as the cost of a barrel of oil price stayed below $50.

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The price drops will be welcomed by hauliers and local businesses after 2p was added to fuel tax in last month's pre-budget report.

Nationally, the average price of a litre of diesel is £103.3 and 89.9p for petrol.

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