Asda, Morrisons, Tesco and Sainsbury’s to cut fuel prices by up to 2p per litre in fresh pump price war
All of the big four supermarkets will cut unleaded prices by up to 2p per litre and diesel by 1p per litre from tomorrow
ASDA has sparked a fresh fuel price was by cutting prices by up to 2p per litre.
Sainsbury's, Morrisons and Tesco quickly followed the announcement by saying they too will slash prices at forecourts across the country from tomorrow.
Asda supermarket said it was reducing prices at its 308 forecourts from tomorrow after a sharp increase was caused by hurricanes Harvey and Irma.
It promised to cut unleaded prices by 2p per litre and diesel by 1p per litre.
It brings the national price cap down to 115.7p per litre on unleaded and 116.7p per litre on diesel.
Earlier this week, The Sun Online revealed how soaring petrol and diesel prices mean Brits are paying an average of £60 more per year.
The hikes at the pumps has hiked regular motorists' fill-ups by around £4 a time.
According to Confused.com's new fuel price check, petrol and diesel is at a six month high.
RAC fuel spokesman Simon Williams said: “This is some very welcome relief for motorists who have suffered a 3p a litre rise in the average price of petrol since mid-August as a result of Storm Harvey hitting the US Gulf Coast and disrupting refineries.
“Motorists are now paying nearly 120p a litre for unleaded – the highest since March – while the average price at the big four supermarkets is 117p.
"This latest cut from the supermarkets should force forecourt reductions across the country, hopefully bringing prices down by 2p a litre everywhere.
“Strangely, this has all come at time when the oil price has increased by around $7 a barrel since mid-August, but it is the strengthening of the pound to $1.35 that has made the big difference as fuel like oil is traded in dollars.”
Three ways to cut down your fuel costs
- Make your car more fuel-efficient. You can do this by keeping your tyres inflated, taking the roof rack off, emptying your car of clutter and turning off your air con when driving at lower speeds.
- Find the cheapest fuel prices. Use PetrolPrices.com. All you need to do is enter in your postcode and tell it how far you want to travel (up to 20 miles)
- Drive more efficiently. Some ways to do this, include:
- Accelerate gradually without over-revving
- Always drive on the highest possible gear
- If you can, allow your car to slow down naturally as your brake is a money burner
- Re-starting your car is expensive, if you can keep moving
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