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Asda first of supermarkets to cut fuel prices in 2020 by up to 3P per litre across unleaded and diesel

A major supermarket has become the first to cut its fuel prices this year after a 'tough' time for drivers.

Asda, which has a petrol station on London Road, announced the good news to motorists that will save them up to 3P per litre on unleaded petrol and diesel.

A senior fuel buyer for Asda, Dave Tyrer, said the move was welcomed by drivers who can now put the savings straight back into their pockets.

ASDA petrol station, London Road, Newark.
ASDA petrol station, London Road, Newark.

"We’re pleased to be dropping fuel prices for the first time this year," he said.

"We will continue to put the savings straight back into drivers pockets without any vouchering requirements meaning all our customers, regardless of their budget, will benefit from a price cut at the pumps."

Motorists filling up at an Asda petrol station will pay no more than 120.7P per litre for unleaded, and no more than 124.7P per litre for diesel.

Luke Bosdet, AA spokesman for fuel price, said the average UK pump costs have been at their highest for a January since 2014.

He said: "Despite wholesale costs declining over the past two to three weeks, they have stayed stubbornly above 128P a litre for petrol and 132.5P for diesel.

"This new price cut is in line with wholesale petrol falling from an average of 39.4P a litre in early January, to 37P between Wednesday and Friday last week.

"Sadly, only communities with an Asda fuel presence are likely to enjoy £1.50 being slashed off the cost of a tank of fuel."

Drivers can use any of Asda’s 322 petrol stations to fill up and will benefit from a price cut by up to 3P per litre.

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