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ID: 54652856 Video

Headline: Petrol Prices Could Drop to 130p a Litre as Recession Fears Impact Oil Markets

Caption:

Fears of a global recession, triggered by new US trade tariffs, have caused oil prices to drop significantly. The RAC predicts petrol prices could fall to 130p a litre, down from 136p before Easter, thanks to low oil trading at $65 per barrel.

Keywords: Motoring,Petrol prices,oil market,recession fears,US tariffs,OPEC,crude oil,RAC,fuel prices,diesel,UK,Brent Crude,West Texas Intermediate,Easter weekend,Competition and Markets Authority,oil production

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