AKIPRESS.COM -
The price of Brent crude oil has fallen further below $50 to a six-year low, according to the business editions.
The price of a barrel of the North Sea benchmark dropped by 5.5% to $47.36, its lowest level since early 2009.
US crude oil was also at its lowest level since that time, down by 5% to $45.90 a barrel.
The cost of petrol in the UK is being cut in response to the recent falls, with one Birmingham garage selling petrol at 99p a litre.
Asda said on Monday it would be cutting its forecourt price by a further 2p a litre to 103.7p.
Diesel will be 110.7p.
