Oil price drop: UK stations cut petrol, diesel prices
Three major United Kingdom supermarkets are ushering in the New Year by cutting petrol and diesel prices.
Sainsbury’s, Tesco and Asda all said they would reduce prices by 2p per litre, according to the British Broadcasting Corporation.
Fuel prices have fallen a number of times since September.
Motoring organisation AA said the supermarkets were responding to
competition and a fall in wholesale fuel prices.
Since the autumn, each of the supermarkets has lowered prices on
multiple occasions. For example, Asda has dropped its prices about 13 times since September.
A spokesman for the AA, Luke Bosdet, said the latest reductions were
“in line with wholesale price falls”.
“There was a 2p [wholesale] price fall Three in the past fortnight,” he
said.
Supermarkets have been responding to price pressures from
independent petrol retailers, he added.
Crude oil trading prices have also fallen dramatically in the last three
months.
No comments:
Post a Comment