Anger as fuel price probe ruled out

Updated
Petrol
Petrol

Campaigners say they are "bitterly disappointed" that the competition watchdog has ruled out a full investigation into the fuel market after concluding high prices are the fault of taxes and the cost of crude oil.


The Office of Fair Trading (OFT) said competition in the sector was "working well" and there was "very limited evidence" that pump prices rise quickly when the wholesale price goes up but fall more slowly when it drops.
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