Petrol prices inquiry launched

The Office for Fair Trading has opened an investigation into petrol and diesel prices. It has issued a "call for information" as it looks to see whether reductions in the cost of crude oil are being passed on to motorists.

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Fuel campaign group welcome news of price investigation

A campaign fighting for lower petrol and diesel prices has welcomed the news that the Office of Fair Trading will be gathering information on the pricing of petrol and diesel in the UK.

Quentin Willson of FairFuelUK said:

FairFuelUK has been calling for this investigation into the road fuel market for months.

Anything that brings transparency and openness to a £32 billion market that's always been shrouded in mystery, will be good for consumers, businesses and the UK economy.

We want full disclosure to make sure pump prices in this country are fair, reasonable and, most importantly, go down quickly when the price of crude falls.

– Quentin Willson, FairFuelUK

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