Asda cuts petrol to less than £1-per-litre

Asda has slashed the price of unleaded to less than £1 per litre for the first time since 2009. Petrol costs 99.7 pence-per-litre across UK Asda forecourts, but the offer only lasts until November 29. Diesel is available across Asda forecourts for 103.7 pence-per-litre.

At 103.7 pence-per-litre it costs £56.96 to fill the tank on a Ford Focus. At 99.7 pence-per-litre the bill is to £52.94, saving just over £4. It's not a huge saving, but it could encourage longer-term price reductions on other forecourts.

RAC Fuel Watch spokesman Simon Williams said: “Due to the latest dip in the crude oil price we had predicted that the most price-competitive fuel retailers would soon be selling petrol for £1 so it is great to see that landmark price is now available across the country at the most expensive time of year.”

“Even though this promotion only lasts for three days it will help to bring prices down at forecourts nationwide. While we are some way from seeing the average petrol price reach £1, prices at more and more retailers should be getting ever closer to that figure. RAC wholesale fuel data shows there is still scope for retailers to reduce prices further, especially for diesel.”

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