In the last few months wholesale UK fuel prices have dropped back quite a bit. OK, the US dollar exchange rate has got worse and oil is bought in dollars.
Now, I am no expert, but it seems when prices rise that oil companies are keen to put up prices, but are less keen to put prices down when they pay less wholesale.
It is interesting that they are very keen to avoid that £2 a litre figure with the diesel price widely at £199.9 a litre.
It would be rather nice if garages dropped their prices/profits when they can.
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