Motorists see petrol prices fall

Petrol costs fall to their lowest price in four years
Petrol costs fall to their lowest price in four years
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Motorists across Lancashire are taking advantage of the lowest petrol prices for nearly four years.

In the face of plunging international oil prices, leading supermarkets all announced they were cutting 1p a litre off their petrol and diesel.

Fuel prices fell to as low as 119.7p a litre for petrol and 123.7p for diesel.

Major supermarkets have steadily reduced pump prices over recent weeks, and the new prices are the lowest since January 2011.

Pete Williams, head of external affairs at the RAC, said: “We welcome the move by some fuel retailers to cut the price at the pump, and hope others will follow suit swiftly.

“Motorists will be delighted to see the price of unleaded dropping below £1.20 for the first time in four years, but the RAC is calling for a further 4p cut in unleaded and 2p cut in the price of diesel.”