Supermarket chains have cut petrol and diesel to under £1 per litre and could go further as oil prices plummet, RAC predicts
Fuel could become cheaper than bottled water if the price of oil continues to plummet, motoring experts have said.
Oil prices have fallen by 30% since early December, with Brent crude sinking below $30 a barrel on Wednesday. Many analysts predict it could tumble even further, with Standard Chartered warning $10 a barrel is a possibility.
Related: Markets slide after oil falls through $30 – business live