The price of petrol has dipped below £1 per litre for the first time in five years.
Three small service stations in the Midlands reduced the price of a litre of standard unleaded petrol below £1 during the weekend, with the Harvest Energy station in Alcester Road South offering it to motorists at 99.7p.
That's the lowest rate since 2009, although the average price across the country is still around 109 pence per litre, according to the RAC's fuel price monitors.
The surprise is that a small filling station was the first to dip below £1 per litre, rather than a major supermarket chain.
As the price of crude oil has nosedived in recent weeks – a situation prompted by oversupply – the supermarkets have engaged in a petrol price war, using low prices to tempt customers to shop at their stores.
RAC fuel spokesman Simon Williams told BBC Radio 5 Live that other petrol suppliers are likely to cut their prices below £1 per litre. "The whole market is definitely going in this direction," he said. "The price of oil has fallen dramatically from around $115 per barrel last summer to around $47 per barrel. The average price of petrol is now 109 pence per litre and diesel 116 pence per litre.