Asda price petrol

Supermarket chain Asda has announced a cut in petrol prices, given much needed relief to its out of pocket customers.

It said that those filling up at Asda would pay no more than 130.7p a litre for petrol, and 135.7p for diesel.

Asda claim they are responding to the wholesale rises in fuel, but we think it's more likely that they've caught wind of Tesco's move to cut the cost of 3,000 products as part of a £500 million campaign.

Asda's petrol trading director, Andy Peake, said: 'We know the price of petrol matters to our customers, which is why we aim to be the first to pass on cuts in the cost of crude. That's again what we're doing today.'

The AA president Edmund King said: 'Drivers in towns with Asda fuel stations will very much welcome the passing on of lower fuel costs, and we will wait to see how other retailers respond.

'With nights drawing in and autumn on the way, car fuel consumption will rise. Any respite from increasingly unaffordable fuel costs is therefore a great help. However, there are big questions that need to be asked of the oil and fuel market, such as why Brent crude has been 10 dollars a barrel over-valued, according to oil market experts.'

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