Fuel prices fall again

PETROL and diesel prices have continued to slide after a further drop in the market value of crude oil earlier on in the week.

PETROL and diesel prices have continued to slide after a further drop in the market value of crude oil earlier on in the week.

Every filling station in Ipswich is now selling petrol at below 90p a litre, while the highest motorists will pay across the region is 91.9p in Stowmarket and at BP in Trinity Avenue, Felixstowe.

Crude oil fell below $44, a five-month low, causing a further drop in pump prices even though fuel companies decided not to pass on the VAT rate cut to customers.

Unleaded prices across Ipswich were between 88p and 89.9p per litre, while the cheapest diesel was 102p at Shell in Wherstead Road.


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An RAC spokesman said prices could go as low as 86p or 87p this year, and that they are unlikely to rise again before 2009 even if oil becomes more expensive.

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