Petrol prices plunge as Asda makes 2p price cut

The Asda cut, effective from tomorrow, will take its petrol down to 112.7p a litre - the cheapest since October 2010. Picture: TSPL
The Asda cut, effective from tomorrow, will take its petrol down to 112.7p a litre - the cheapest since October 2010. Picture: TSPL
Share this article
0
Have your say

PETROL PRICES are set to plunge to a four-year low this weekend, with supermarket Asda knocking 2p off a litre.

The Asda cut, effective from tomorrow, will take its petrol down to 112.7p a litre - the cheapest since October 2010.

Asda is also reducing its diesel by 1p a litre, taking the price to 118.7p a litre.

CONNECT WITH THE SCOTSMAN

Subscribe to our daily newsletter (requires registration) and get the latest news, sport and business headlines delivered to your inbox every morning

• You can also follow us on Facebook, Twitter and Google +

Amid falling world oil prices, Asda and other supermarkets have introduced a number of fuel reductions over the last few weeks, including some during the last few days.

Asda’s petrol was as high as 126.7p a litre on September 28 this year so will have dipped 14p a litre by the time tomorrow’s cut comes into effect.

Asda’s petrol trading director, Andy Peake, said today: “We know how important it is to pass savings back into motorists’ pockets as soon as oil prices fall, which is why this is our 10th price cut since September.”

SCOTSMAN TABLET AND IPHONE APPS

• Download your free 30-day trial for our iPad, Android and Kindle apps

Keep up to date with all aspects of Scottish life with The Scotsman iPhone app, completely free to download and use