October 30, 2008 / 7:51 AM / 9 years ago

Darling wants cheaper oil passed to pumps

LONDON (Reuters) - Chancellor Alistair Darling said on Thursday the recent drop in world oil prices needed to be passed on to consumers swiftly.

<p>A customer fuels her car with unleaded petrol at a Morrisons supermarket in Coalville, central England, October 15, 2008. REUTERS/Darren Staples</p>

“I want to see that reduction passed on to the pumps as quickly as possible ... because people are entitled to see the benefit of that falling price reflected in what they actually pay when they fill up the car,” Darling told GMTV.

Crude oil prices have fallen to trade around $70 (42 pounds) a barrel from over $147 a barrel in July.

Reporting by Matt Falloon and Fiona Shaikh

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