Diesel still costing close to a ’dismal’ £2 a litre despite oil price falls

The price of diesel on UK forecourts remains close to record highs despite a sharp fall in oil prices. A litre of diesel costs an average of 197p, according to the AA, which described the situation as 'dismal'.

By contrast, petrol has fallen by 6p per litre, with an average price of 167p. Leading bank officials have warned that energy costs are likely to remain 'elevated' in the coming months.