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ASDA fires first shot in diesel price war Diesel now cheaper than petrol ASDA has cut 2 pence per litre from the price of diesel making it cheaper than petrol and others are almost certain to follow 11:09, 22 JAN 2016Is the diesel rip off beginning to end? (Photo: Mark Renders/Getty Images) Get money updates directly kate spade sold at to your inbox+ SubscribeThank you for subscribing! Could not subscribe, try again laterInvalid Email Asda has cut the price of diesel to 97.
7 pence per litre (ppl) amid tumbling oil prices. The supermarket said the 2ppl reduction has taken diesel to its lowest price in over six years. Unleaded remains at 99.7ppl. Asda said these are the maximum prices motorists will pay at all of its 279 filling stations across the UK. Within hours Tesco followed suit dropping the price of diesel to 97.7p at all of its 500 petrol filling stations by midday the same day. If past form is anything to go buy, more supermarkets will now follow as fuel prices have fallen as the cost of oil tumbles. Read more: The hidden catch to cheaper petrol and diesel prices why paying less for fuel could cost you The kate spade merchandise supermarket's senior petrol director, Andy Peake, said: "We're delighted to be the first retailer to take diesel to its lowest price level in over six years. "This latest announcement shows that we're committed to being the driving discount kate spade handbags force behind lowering fuel prices across the kate spade outlet sale 2016 UK regardless of where you live." Oil prices have fallen by 30% since early December, with Brent crude sinking to less than 27 US dollars a barrel earlier this week. Bigger falls coming for diesel drivers Fuel price campaigners believe motorists are being denied even larger savings on diesel because of increased profits in the supply chain. A study by FairFuelUK found that, since May last year, oil prices in sterling have fallen by more than 54% but retailers have cut pump prices by just 35%. The report claimed that retailers' profit margin for diesel is 11ppl compared with just 5.8ppl for petrol.
Diesel should be at least 3ppl lower than petrol, the organisation added. Campaigner Quentin Wilson said there has been "weeks and weeks of increased profits on every litre of diesel sold and weeks and weeks of not passing savings on to motoring consumers". How to find the cheapest station near you To help you drive down the cost of filling up even further, here are our top six tips to getting even cheaper fuel:.
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