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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

UK petrol prices poised to fall further as oil prices tumble

Oil Petrol OPEC United Kingdom Helima Croft RAC
A man fills his car with fuel in London
The RAC says petrol prices in the UK fell by 2p a litre in April, the second consecutive monthly fall. Photograph: Neil Hall/EPA

Global oil prices have tumbled by more than $1 a barrel in a sign that pressure on households at the petrol pumps could ease further.

The price of Brent crude fell to $63.86 a barrel on Thursday following reports that the Opec oil cartel and its allies may increase their production for July, despite weaker global demand for fossil fuels.

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