Three of ‘big-four’ supermarkets slash fuel prices as half-term hits
Asda, Morrisons and Sainsbury’s drop pump prices following slump in cost of crude oil
Fuel prices at three of the UK’s biggest supermarkets have been slashed as motorists head into the half-term holidays.
Asda (2p-per-litre), Morrisons and Sainsbury’s (both up to 2p) have all dropped pump prices following the fall in the price of oil from £50.41 a barrel to £46.86.
These reductions will save drivers an average of £1.10 on a full tank of fuel, according to the RAC.
Last week, the motoring organisation called for the ‘big-four’ supermarkets to drop the price of fuel by 3p to aid motorists following a three-year pump price high in January, which they have all answered – bar Tesco.
Tesco told the Press Association it would not disclose future fuel costs, but did not rule out dropping prices.
Lorraine Armstrong, petrol category planner for Sainsbury’s – which has 311 forecourts in the UK – said: “This is a nice piece of news for our customers in the run up to half term.
“We always aim to provide our customers with fantastic prices and great quality across all of our products and services and we hope this fuel price drop will help put more back in their pockets.”
RAC fuel spokesman Simon Williams said: “Motorists will be pleased leading supermarkets have reduced the price they charge for fuel just a day after the RAC called for a cut. This should spark a chain reaction with other fuel retailers across the country.
“After three months of petrol and diesel going up it’s a relief to see prices at the pumps finally coming down again just in time for half-term when more people will be taking to the roads.
“The falling price of oil has paved the way for these latest forecourt fuel cuts. This is due to the United States reaching record highs in crude oil production and a glut of fuel in storage when demand is lower, together with the North Sea’s largest oil pipeline coming back online after being closed for repairs since December.”
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