creep likely to prompt supermarket price war and will construct average price cheaper than unleaded petrol for first time in 14 yearsMorrisons is stepping up a supermarket price war on the forecourt by cutting the cost of diesel by up to 2p a litre. It said the reduction – which is likely to trigger similar moves by rivals – meant that for the first time in 14 years, average diesel prices would be cheaper than unleaded.Diesel prices acquire started coming down after motoring organisations criticised retailers for their high costs. Earlier this month the RAC Foundation suggested that drivers of the 10.7m diesel cars on Britain’s roads had been overcharged by as much as £250m in recent weeks because retailers had not passed on plummeting wholesale prices.Continue reading...
Source: theguardian.com