According to the BBC "Crude oil fared little better, with a barrel of New York light dropping to 1.3% to $68.51. The price has declined by more than 6% in three days and is well below its April record of $75.35."
So, if the cost of a barrel has dropped 6%, does that mean I am going to see at least 5p off my litre of diesel (currently 97p/litre)?
I bet I don't... watch this space.
16 May - 97p per litre
22 May - 96p