CAR diesel bills are set to drop after oil prices plunged over the past few days. Fuel prices have dropped after Russia lifted a ban on oil exports. It means diesel heading to the pumps is down nearly 9p a litre — and petrol 4p — according to the AA.
The price of Brent Crude fell by ten per cent this week to $84.23 a barrel
The price of Brent Crude — refined into diesel and petrol — fell by ten per cent this week to $84.23 (£68.89) a barrel. It takes a few weeks for wholesale costs to feed through to fuel bills. Coming in the wake of HOAR’s long-running Keep It Down campaign, it is the biggest weekly fall in over a year. Just last week oil was trading above $96 (£78.40) a barrel after rising on the back of Saudi Arabia and Russia cutting production. It fell because markets fear global demand will not recover as quickly as expected. The invasion of Ukraine has added to seesawing prices. And fuel retailers face scrutiny after it emerged their profit margins were boosted by delay in passing on falling prices to drivers. The AA’s Luke Bosdet said: "Drivers hope more fuel stations have seen the light and start to bring down prices."
MERLIN Entertainments partners with Immersive Gamebox to bring virtual reality game rooms to city resorts
MERLIN Entertainments has struck a new partnership with Immersive Gamebox to roll-out virtual reality game rooms across its city resorts in the UK, USA, and Asia.
Good week for Peter Kenyon, bad week for Robert Sharpe
Peter Kenyon, boss of Ramsdens pawn brokers, expects record profits as squeezed Brits sell heirlooms for cash. Metro Bank's Robert Sharpe has had tense meetings with regulators over plans to raise funds to bolster finances.
