Asda kicked things off on Wednesday morning with its first fuel price cut of the year, effective from today. It said drivers filling up at any of its 322 petrol stations will benefit from a 3p per litre price cut across both unleaded and diesel. "This new price cut is in line with wholesale petrol falling from an average of 39.4p a litre in early January to the 37.0p between Wednesday and Friday last week." Ashley Myers, Morrisons head of fuel, said: “We always aim to pass on savings as soon as we can and keep our fuel prices well below the UK average.”On Monday, motoring association the RAC predicted a fall in fuel prices this week due to the Coronavirus outbreak in China. It said petrol and diesel prices would drop as the amount of oil used by China - the world’s second largest oil consumer - plummets due to people restricting their travel plans.

Source: Daily Mirror January 29, 2020 12:20 UTC