DCSIMG

Tanks a lot as stores launch fuel price war

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Motorists could benefit from the cheapest diesel prices seen on petrol station forecourts for several years from today thanks to a supermarket price war.

Asda was the first to announce it would cut the price of the fuel by up to 2p a litre at all of its 234 filling stations, prompting Sainsbury’s and Tesco to follow suit yesterday.

Morrisons said it would also cut diesel costs, but could not put a specific figure on the reduction.

The price of unleaded petrol remains unchanged.

Andy Peake, Asda’s petrol trading director, said: “With this latest price cut, we’re now seeing the lowest diesel prices since February 2011.

“We’re giving our customers the opportunity to fill up their cars with lower-priced diesel, putting much needed cash back in their pockets.”

Tesco fuel director Peter Cattell said: “We’ll be cutting the price of diesel at all of our petrol filling stations by up to 2 pence per litre.

“As Britain’s biggest fuel retailer this means more motorists can make real savings.”

The move by the supermarkets comes after the RAC called on fuel retailers to reduce diesel prices. Fuel spokesman, Simon Williams said: “In the last year retailers have been noticeably quicker to pass on reductions in the wholesale price to forecourts, but we are now seeing an unfortunate blip in that trend where diesel prices are higher than they really need to be.

“There has been talk of the fuel retailers using higher diesel prices to keep petrol prices lower, but whether or not that’s the case, the simplest way to operate must be to make sure retail prices always reflect wholesale prices proportionately.”

AA spokesman Luke Bosdet welcomed the reduction in diesel but added: “Although petrol prices across a town or locality are often very similar, there is much greater variety in diesel prices. Shopping around for diesel, particularly if using price tracker software, can produce significant savings.”

 

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