Oil Prices Drop, But Pump Prices Stagnant
Update: 2025-12-16
Description
Oil prices plummet, but pump prices remain stagnant, causing frustration for drivers and businesses. Despite a drop in Brent crude oil to $59.20, a seven-month low, petrol prices have only slightly decreased. Diesel prices have shown minimal reduction. Luke Bosdet, AA spokesperson, criticizes forecourts for not lowering prices in line with oil market trends. Trump and Zelenskyy express optimism about a Ukraine peace deal, which could release oil supplies and keep prices in check.
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