Unleaded petrol is close to its record price at the pumps, even though there has been a sustained fall in the cost of oil in the medium term. Since April, the cost of Brent crude has dropped by 18 per cent while this week unleaded petrol cost an average of 136.58 pence a litre across Britain's forecourts. The petrol industry responded that prices are only partially dependent on the cost of crude oil.
