Motorists filling up at Asda petrol stations will see prices slashed by up to 3ppl off unleaded and up to 2ppl off diesel.
Oil prices have been steadily rising since the end of March, meaning prices at the pumps have increased by up to 10ppl. With the price of oil falling back to $76 a barrel, Asda has taken action to pass savings back to its customers with a market leading drop.
Asda’s new national price cap on fuel means that drivers across the country will pay no more than 124.7ppl on unleaded and 127.7ppl on diesel at any of their 318 filling stations.
Asda CEO and President Roger Burnley comments;
“We know that the cost of living is centre of mind for our customers and we will always do whatever we can to reduce that burden. Customers can trust us to lead the way when it comes to lowering the price of fuel and putting cash back in their pocket.”
The move has been welcomed by The AA, whose price specialist Luke Bosdet said; “Yet again, it takes Asda to lead pump prices where other forecourts should have been going. And with a national pricing strategy that guarantees motorists the same treatment wherever they are in the UK, it shows up supermarket rivals who are driving their customers mad by charging up to 11p a litre more for fuel between their own sites.”