Asda slashes petrol prices

Screen Shot 2015-08-21 at 13.41.06Here’s some good news for drivers – Asda have made another cut to the price of their fuel, reducing unleaded from 111.7p to 109.7p per litre, almost certainly amongst the cheapest in Scotland! This is the latest price reduction in the last month, when the price of fuel has dropped by 9p per litre on diesel and 5p per litre on unleaded.

Effective from today (21st August), Asda’s new national price cap means that unlike other retailers who work on ‘average prices’ Asda customers know they will pay no more than 109.7ppl on unleaded. Diesel remains at a market-leading national price low cap of 106.7ppl.

Asda is the only retailer that has a national price cap on fuel at all 272 filling stations, ensuring every single one of their customers knows the maximum price they will pay at the pump regardless of where they live.

RAC spokesman Rod Dennis told us: “This latest price cut from Asda, coming just two weeks after the last, will be met with cheer from drivers of the country’s 19 million petrol cars, who will have noticed that diesel drivers have been enjoying substantially lower prices for over a month now. With a falling oil price, the wholesale price of unleaded has been dropping too and it is welcome news that drivers of petrol vehicles will now be spending less when they fill up. This summer has been a much cheaper one for motorists than the last. The cost of filling up an average family petrol car is now around £8 less than it was last summer, and around £12 less for a diesel car. Fuel is a major expense for millions of families in the UK, and these latest cuts are certainly helping to ease that burden.”

As the price of oil continues to drop, experts predict a time when diesel may fall to below £1 per litre.

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