Asda leads supermarket fuel price war by slashing costs for fourth time this month with 1p per litre off unleaded and 2p off diesel sparking ‘Big Four’ rivals to follow
- Tesco, Sainsbury’s, Asda and Morrisons all dropped their fuel prices last night
- Comes after oil fell below $60 per barrel for the first time in more than a year
- Asda shaved 1p per litre off petrol and 2p per litre from diesel, rivals followed
Motorists have been given a boost after supermarkets cut petrol prices.
The Big Four supermarkets – Tesco, Sainsbury’s, Asda and Morrisons – all reacted last night after oil fell below £46 ($60) per barrel for the first time in more than a year.
Asda shaved 1p per litre off petrol and 2p per litre off diesel, with rivals rushing to follow its lead.
Tesco, Sainsbury’s, Asda and Morrisons all dropped their petrol and diesel prices last night after oil fell below $60 per barrel for the first time in more than a year (file photo)
Tesco, Sainsbury’s and Morrisons agreed to match Asda’s price cut last night.
It is Asda’s fourth reduction in four weeks, during which petrol prices have fallen by up to 9p per litre.
Theresa May ‘to announce curbs on low-skilled migrants’ in…
Chris Watts repeatedly denied murdering his family during…
Share this article
Drivers will now pay no more than £1.19 per litre for petrol and £1.30 for diesel.
It follows a painful six months for motorists as oil prices rose steeply, pushing the cost of filling up a typical 55-litre family car that runs on petrol or diesel up by around £6.
Asda shaved 1p per litre off petrol and 2p per litre off diesel, with rivals rushing to follow its lead (file photo)
The price cuts come as shoppers took advantage of promotional Black Friday deals.
RAC spokesman Simon Williams said: ‘It’s great to see drivers benefiting with this cut, which we need to be followed swiftly by other retailers so the UK average price comes down.
‘After so much of 2018 being characterised by rising fuel prices, it’s heartening to see prices falling as we enter the expensive festive period,’ he added.
‘While this is obviously good news, it’s disappointing that it has not come sooner as the wholesale price of petrol has been falling for weeks.’
Dave Tyrer, of Asda, said: ‘Further decreases in the wholesale market mean we are able to reduce our prices again.’
Source: Read Full Article