Asda have cut fuel prices by 3p per litre, this has taken the fuel price down to their lowest level for more than a year. Asda said an ease in global oil prices has enabled it to pass savings on to motorists.
The reduced price will be nationwide at every Asda forecourt across the country, the unleaded priced at 129.7p per litre and the diesel at 134.7p per litre. Overall Asda fuel prices have been cut by 11p since their peak in April. Andy Peake, Asda's director of petrol trading, said "we're chuffed to be offering a third price move in as many weeks to hard-pressed motorists running on empty."
Sainsbury’s are due to follow the lead of Asda by cutting fuel price in all their petrol stations by up to 2p per litre. A Sainsbury's spokesman said "we are doing everything we can to help our customers save money and along with the promotions we run in our stores, competitive fuel prices are a great way for us to help shoppers to meet their weekly budgets.”
A new petrol price comparison site was launched in March, powered by independent price checker www.petrolprices.com; this enables drivers across the UK to find the lowest priced fuel before they fill up.
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