Major supermarkets slash fuel prices across Edinburgh

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Three major supermarkets have cut fuel prices across Edinburgh following claims that retailers were refusing to pass on a drop in wholesale costs.

Asda, Morrisons and Sainsbury’s have reduced the price of unleaded by up to 3p per litre and diesel by up to 2p.

Asda has reduced the price of unleaded by up to 3p per litre and diesel up to 2p. Picture: Johnston Press

Asda has reduced the price of unleaded by up to 3p per litre and diesel up to 2p. Picture: Johnston Press

Drivers have suffered a rise in fuel prices almost every day since the end of April despite wholesale costs coming down by around 2.5p a litre since May 24.

The RAC says recent falls in wholesale costs have been caused by the US drilling for more oil than in recent years and increased output from Russia.

Average UK forecourt prices stood at £1.29 a litre for unleaded and £1.33 for diesel on Monday – the most expensive both have been since September 2014.

Drivers will pay no more than £1.25 a litre for unleaded and £1.28 for diesel at Asda’s 318 filling stations.

Asda, Morrisons and Sainsbury's have all cut their fuel prices

Asda, Morrisons and Sainsbury's have all cut their fuel prices

It was the first supermarket to announce a price cut today.

Asda chief executive Roger Burnley said: “We know that the cost of living is centre of mind for our customers and we will always do whatever we can to reduce that burden.

“Customers can trust us to lead the way when it comes to lowering the price of fuel and putting cash back in their pocket.”