Big supermarket chains cut petrol prices by 2p a litre
Supermarkets have announced fuel-price cuts ahead of the August bank holiday getaway.
Asda, Sainsbury's and Tesco are all reducing the cost of their petrol by up to 2p a litre, with diesel going down by 1p a litre.
In Asda's case, this will take the price of its petrol to no more than 124.7p a litre, with diesel at 128.7p for diesel – its lowest prices since January 2011.
The Automobile Association said the average price of petrol in the UK yesterday was 129.71p a litre, with diesel at 133.74p – its lowest since the middle of February in 2011.
AA public affairs head Paul Watters said: "We have seen competitive independent retailers east of London selling petrol as low as 125.9p a litre recently."
He said the supermarkets' move would spur other retailers to follow suit.
RAC fuel spokesman Pete Williams said this is a welcome move by the supermarkets.
"We would expect to see other retailers to follow in the coming days, giving consumers a great opportunity to fuel up ahead of the bank holiday," he added.