UK Supermarket giant Asda has offered a crumb of comfort to the hard hit motorist by reducing the price of fuel on it’s forecourts by 3p per litre on unleaded and diesel.
The knock on effect swiftly saw supermarket competitor Morrisons follow suit, only their price cut is a saving of 4p per litre. Now Sainsbury’s have announced that their customers can save 5p per litre from Thursday, but only for customers spending £50 or more at their stores.
The Sainsbury’s promotion will be restricted to running for two weeks.
Asda and Morrisons say they are responding to the recent drop in oil prices, with the price settling at around $130 per barrel from the recent high of $147.
Asda trading director David Miles said: “We are seeing a more stable reduction in oil prices, allowing us to pass on the savings to customers.
“We urge other retailers to follow our lead at a time when customers need as much help as possible.”
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