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Red diesel prices are down by between 2p and 3p/litre from quotes issued last week.
Oil prices have fallen by US$6-7/barrel in the first few days of January and by Wednesday had dropped back below $80/barrel.
Quotes for a delivery of 2,250 litres of red diesel are currently around £2,100 including VAT, or 90p/l.
However, it is important to price around, with some merchants still quoting 93p/l ex VAT for red diesel midweek. Twelve months ago, red diesel prices were in the region of 67p to 69p/l.
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