RAC reacts to supermarket fuel price cut

Reacting to news that supermarkets are to cut the price of fuel on UK forecourts, RAC fuel spokesman Simon Williams said:

“This is the perfect spring gift for motorists to go with longer days and warmer weather. No doubt other retailers will follow suit and we will see prices on every forecourt come down.

“While this cut may come as a surprise to drivers as prices at the pump have been going the wrong way for months, it is has been on the cards for a couple of weeks – we’re very relieved retailers have acted without any need for outside encouragement.

“This price cut was made possible by the fact the oil price has dipped in the last two days of trading, reaching its lowest in nearly four months on news that the US has record crude supplies. Before that the OPEC oil producing countries cuts had been sending fuel prices up.

“This should now help to bring prices down on every forecourt from the 120p average for unleaded and 122p for diesel.”