Asda brings first fuel price cut of the new year to motorists: 3PPL off both unleaded and diesel fuel

Asda fuel price cut

Asda is once again the first supermarket to bring good news to drivers as it announces its first fuel price cut of the New Year. Effective from today, Wednesday 29th January, drivers filling up at ANY of Asda’s 322 petrol stations will benefit from a price cut by up to 3ppl across both unleaded and on diesel.

Meaning drivers filling up at any Asda filling station will pay no more than 120.7ppl on unleaded and 124.7ppl on diesel.

Asda Senior Fuel Buyer, Dave Tyrer, said: "We’re pleased to be dropping fuel prices for the first time this year. January has been a tough month for motorists so we’re glad to be dropping the cost in line with falling wholesale markets. 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.”

“Average UK petrol and diesel pump prices have been at their highest for a January since 2014 and, 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,” says Luke Bosdet, the AA’s fuel price spokesman.

“This new price cut is in line with wholesale petrol falling from an average of 39.4p a litre in early January to the 37.0p 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 overnight.

“Instead, two other major supermarkets have gone back down the fuel voucher route, tying savings of 5p a litre to spends of £40-£50. Once again, if you’re on a low income and your spending power isn’t up to it, you miss out. Given the time of year with customers trying to pay off Christmas debts and fuel costs falling dramatically, that discrimination is quite simply mean.”