Asda lowers cost of fuel
The supermarket chain have cut the price of petrol by up to 3p per litre and diesel by up to 2p a litre.
Asda has become the first supermarket chain in the UK to cut the price of petrol after the RAC’s Fuel Watch initiative publicly highlighted the recent fall in the wholesale cost of oil.
The price of unleaded has been reduced by up to 3p per litre and the price of diesel by up to 2p a litre.
Customers will now pay no more than £1.25 or £1.28 per litre respectively in Asda’s 318 filling stations across the country.
The price of oil has been steadily falling throughout the global markets ever since the end of May due to both the USA carrying out a lot more drilling and Russia having dramatically increased its own output.
Data from the RAC Fuel Watch however, states that UK drivers have unfortunately had to endure a rise in petrol prices every day since the end of April meaning that they're currently at the most expensive they've been since all the way back in September 2014.
“At last, retailers have done the right thing and started to cut prices at the pumps,” said RAC spokesman Rod Dennis.
“From our data, we could see no justification for them holding on to savings that they have been benefiting from for three weeks.”