RAC welcomes Asda's latest 2p a litre fuel price cut due tomorrow

Asda has announced that from tomorrow it will cut its fuel prices by 2p a litre - the same day that the RAC called for a fresh fuel price cut as wholesale continue to fall. 

RAC fuel spokesman Simon Williams said: “This time Asda has announced a 2p fuel price cut with unleaded capped at 116.7p and diesel at 118.7p on the same day we called for a fresh price cut. The supermarkets have to be recognised when they do the right thing for their customers and the conditions are such that a further fuel price cut was due. We welcome the transparency and their swift response.

“It would be good now to see other supermarkets following suit with a cut and, ideally, introducing their own price caps, even if they can’t drop their prices as low. And we would expect other fuel retailers large and small to bring their prices down as well.

“The indicators are pointing in favour of drivers, who have endured higher fuel prices since July 2017, with lower wholesale prices resulting from a fall in the oil price and a strengthening of the pound against the dollar.”

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The RAC Media Centre provides journalists and news outlets with the latest motoring-related news, comment, data and research.

The RAC is an iconic UK brand, and provides complete peace of mind to nearly 14 million UK private and business drivers - whatever their motoring needs. As well as its premium nationwide breakdown assistance service – with an expert branded patrol workforce attending more than two million breakdowns every year – and European breakdown assistance products, it offers a wide range of market-leading products across insurance, legal services, vehicle inspections and service, maintenance and repair. Included in this is the first-of-its-kind nationwide Mobile Mechanics service which brings the garage to homes and workplaces. 

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