The latest average supermarket fuel prices have been revealed, showing that Asda is the cheapest place for motorists to refuel compared to Morrisons, Sainsbury’s, and Tesco. According to data obtained from the RAC website, which runs the ‘fuel watch’ initiative aiming to ensure fair pricing at UK forecourts, Asda offers the most competitive prices for both unleaded petrol and diesel among the major supermarkets. The RAC monitors daily wholesale prices and pump prices at various retailers, including the big four supermarkets, urging them to pass on any savings from lower wholesale prices to customers at the pumps.
As per the latest average figures, Asda is selling petrol at 131.1p per litre, making it the most affordable option, followed by Morrisons at 131.4p, Sainsbury’s at 131.7p, and Tesco being the most expensive at 132.7p. When it comes to diesel prices, Asda again leads with 136.1p per litre, followed by Morrisons at 136.3p, Sainsbury’s at 136.6p, and Tesco at 137.3p. The RAC’s initiative aims to keep an eye on the pricing strategies of these retailers and ensure that any cost benefits are passed down to the consumers.
Aside from providing valuable information on fuel prices, the RAC website also offers money-saving tips to help motorists make informed choices. These statistics serve as a helpful guide for drivers looking to save on their fuel expenses and make conscious decisions about where to refuel their vehicles. By comparing prices across different supermarkets, drivers can better plan their refueling stops and potentially save money in the long run.
In addition to highlighting the current fuel price trends, the RAC’s fuel watch initiative underscores the importance of transparency and fairness in the retail fuel industry. By advocating for savings to be passed on to customers when wholesale prices decrease, the initiative aims to promote competitive pricing and benefit motorists across the UK. Keeping track of these average supermarket fuel prices can empower consumers to make savvy decisions while on the road and manage their fuel costs effectively.
In summary, the latest data on supermarket fuel prices from the RAC website reveals that Asda offers the most affordable options for both petrol and diesel among major retailers, while Tesco tends to have higher prices. By leveraging this information and the insights provided by the ‘fuel watch’ initiative, motorists can navigate the fluctuating fuel market with greater confidence and potentially save money on their refueling expenses.