Asda, Morrisons, Sainsbury’s and Tesco cut petrol price for FOURTH weekend in a row sparking fresh supermarket pump war
The supermarkets have cut the price by 2p per litre, with the new prices coming into force today and tomorrow
ASDA is cutting the cost of petrol by 2p from today while Morrisons, Sainsbury's and Tesco are doing the same on both petrol and diesel tomorrow, sparking a fresh supermarket price war on fuel.
The price cut is the fourth weekend in a row that the supermarkets have lowered their prices.
Thanks to Asda's national fuel price cap, the move means motorists across the UK will pay no more than 122.7ppl on unleaded at its 319 forecourts.
Asda says it has now dropped the price of unleaded fuel by up to 5ppl over the last couple of weeks following a 3ppl cut on unleaded on October 26.
The budget supermarket was first to announce the price cut this morning, while Morrisons, Sainsbury's and Tesco this afternoon revealed that they're cutting the costs of both petrol and diesel.
Only last week, Asda was the first of the four supermarkets to announce a 2p price cut - and it was quickly matched by the others.
A week earlier, the same thing happened as the budget supermarket cut 1p a litre off unleaded and 2p a litre off diesel.
Asda says the cuts follow a continuing fall in wholesale costs - which is the price it pays for fuel before selling it on.
Last week, The Sun also revealed that Morrisons is giving motorists 10p off a litre and diesel to help shoppers afford the cost of Christmas - but you'll have to be quick to be able to enjoy it.
Ways to cut down on your fuel costs
HERE are some tips on how you can slash the cost of fuel:
- 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. PetrolPrices.com and Confused.com allows you to search prices of UK petrol stations. 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
But Simon Williams, fuel spokesperson for Rac, says some supermarkets are still not cutting the prices fast enough.
He commented: "Fuel has been overpriced on our forecourts for over a month so while this is another step in the right direction all retailers should have reduced prices far quicker.
“Last month we saw the largest drop in petrol prices in four years, but it really should have been far greater than it was due to the dramatic drop in the price of oil.
"Now it’s vital the other supermarkets start to compete with Asda in the way they were doing two months ago.
"Without this other retailers will not bring their prices down quickly enough and the UK average prices will not fall to the level they should be at."
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This year's Budget was a welcome boost for motorists as the Chancellor scrapped a 2p a litre fuel duty rise, which was a huge victory for The Sun's long-running Keep It Down campaign.
We have persuaded successive Chancellors to halt the annual tax raids on motorists, allowing them to keep almost £1,000 now in total since 2010.
Meanwhile, the mega merger between Sainsbury's and Asda is being investigated over fears it could send petrol prices sky-high.
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