The start point for the best source of fleet information |
Supermarkets slash fuel prices in time for Mother's Day
Date: 24 March 2017 | Author: Daniel Puddicombe
All of the 'big four' supermarkets have announced they are cutting the price of fuel by two pence per litre (ppl).
From tomorrow, Asda and Sainsbury's will drop the price of petrol and diesel by 2ppl nationwide, while Tesco and Morrisons is reducing the cost of filling up from this afternoon.
Asda claimed the cost of vehicle fuel for consumers has risen by 19.4% year-on-year as a result of a combination of currency movements, an increase in the worldwide oil prices and a leap in inflation.
The supermarket added that petrol prices had the largest impact on the rising cost of living for families in the last year.
"Asda continues to lower fuel prices for the millions of drivers across the UK and for the second week running we've dropped the cost of fuel by up to 2ppl, meaning drivers have seen up to a 4ppl drop over the last two weeks," said Dave Tyrer, head of petrol trading at Asda. "Asda is the only retailer to have a national price cap meaning no driver will pay more than 112.7ppl on unleaded and 114.7ppl on diesel at any Asda filling station."
Peter Cattell, fuel director for Tesco, said the price drop means that millions of motorists can save money ahead of Mother's Day this weekend. "We know many of our customers will be driving to spend time with their mothers this Sunday. So to provide a little extra help we're cutting the cost of petrol and diesel by two pence per litre at all of our 500 filling stations."
"Our cuts will ensure we continue to be the cheapest in every town across the country," said Roger Fogg, Morrisons services director.
Meanwhile, the fuel spokesperson for the RAC, Simon Williams welcomed the drop, saying: "The wholesale price of fuel has fallen in the last fortnight so it's good to see this being quickly passed on by retailers. We were at the point where motorists should have been starting to feel aggrieved that pump prices were higher than they ought to be. The last thing retailers need is for the public's trust in their pricing policies to be undermined. We strongly urge other retailers - large and small - to follow suit and bring the price of petrol and diesel down around the country."
According to petrolprices.com, unleaded is currently averaging 118.9p a litre and diesel is currently averaging 120.9p a litre.
