Supermarkets Set to Cut Fuel Prices

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Supermarkets Set to Cut Fuel Prices
12 June 2014
Representatives from supermarket giants, Asda and Sainsbury's have reported that lower wholesale costs have enabled them to address and reduce the forecourt prices of petrol and diesl across the UK.

Asda has announced that it has cut diesel prices by up to 2p a litre at all 234 of its UK forecourts - making it the lowest price on diesel since February 2011.

Asda's petrol trading director, Andy Peake has said: "we're giving our customers the chane to fill up their cars with lower priced diesel, putting much needed cash back in their pockets."

The move comes after the RAC called for fuel retailers to reduce prices, ensuring that fuel retail prices consistently reflect wholesale prices.

Other supermarket giants are expected to follow in the footsteps of Asda and Sainsbury's.
 
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