Asda makes further fuel price cut

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Published: Wednesday 31st December 2014 by The News Editor

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Asda has sparked off what is expected to be yet another round of supermarket fuel cuts by announcing a 2p-a-litre reduction in its petrol and diesel.

To take effect from tomorrow, the cuts will mean Asda customers will pay no more than 107.7p a litre for petrol, with diesel at 114.7p a litre.

With world oil prices plunging, this is Asda’s 13th cut since the end of September, taking, in total, 19p a litre off petrol and 15p a litre off diesel.

Asda’s petrol trading director, Andy Peake, said: “We’re pleased to be giving drivers some early new-year savings.”

The AA said: “The UK average price for petrol is currently around 113p per litre and Asda’s welcome decision on making a further price cut will eventually filter down in some form to other retailers.

“So the UK average price will fall further as we enter 2015. However, just how far it falls is anyone’s bet. Current indications are that the magical £1-per-litre average price across the UK is still looking unlikely in the short term.”

Published: Wednesday 31st December 2014 by The News Editor

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