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Price of petrol goes up by more than 1p a litre in April but cut imminent

Price of petrol goes up by more than 1p a litre in April but cut imminent

Pump prices rose by more than a penny a litre in April, but a drop in the price of oil in the second half of the month and a jump in the value of the pound means retailers are now in a position to pass on a cut to motorists imminently. Drop in price of oil and jump in value of sterling give retailers chance to pass on savings.

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