Motorists will be hoping for a new price war on fuel after Asda cut the cost of petrol at its pumps by 2p a litre.
The move brings the price of unleaded down to 115.9ppl, with diesel reduced by a penny a litre to 118.9p.
“Yet again, Asda is leading UK fuel prices down,” said the supermarket’s commercial director, David Miles.
“Motorists will be relieved commodity prices are coming down and as always we are the first to reflect falling costs in our prices at the pump.”
Tesco, Sainsbury’s and Morrisons indicated they would follow suit.
Earlier this year research by The Grocer revealed that despite Asda’s claim to operative a single national price on fuel, the cost of petrol at its pumps could vary by up to 3ppl.
Some supermarkets not competitive on fuel prices, says AA (13 February 2010)
Saturday Essay: Mults not always in the driving seat on fuel (13 February 2010)
Hot Topic: Asda’s sermon at the pump needs to stop. It doesn’t offer a single, national price on fuel and that’s that (6 February 2010)
Asda ‘national’ fuel price varies by 3ppl (4 February 2010)