Asda, Morrisons, Tesco and Sainsbury's announce petrol prices cuts up to 2p a liter

Asda, Morrisons, Tesco and Sainsbury's announce petrol prices cuts up to 2p a liter

Asda, Morrisons, Tesco and Sainsbury's announce petrol price cuts up to 2p liter in 'long overdue' fuel was starting tonight

  • Move comes after retailers were accused of not passing savings to consumers
  • Over the past six months, the cost of filling a typical family car has increased by £ 6
  • The average cost of fuel at UK filling stations stands at £ 1.30 per liter for petrol

Rory Tingle For Mailonline

Four supermarkets have announced petrol price cuts of up to 2p per liter.

Asda, Morrisons, Sainsbury's and Tesco's made the move to fuel retailers were accused of saving from lower wholesale costs.

Over the past six months, the cost of filling up a typical 55-liter family car that runs on petrol or diesel has risen by around £ 6.

Asda, Morrisons, Sainsbury's and Tesco cut their prices after fuel retailers were accused of saving from lower wholesale costs. Pictured: At Asda station in south-east London

Asda, Morrisons, Sainsbury's and Tesco cut their prices after fuel retailers were accused of saving from lower wholesale costs. Pictured: At Asda station in south-east London

Asda, Morrisons, Sainsbury's and Tesco cut their prices after fuel retailers were accused of saving from lower wholesale costs. Pictured: At Asda station in south-east London

The average cost of fuel at UK filling stations stands at £ 1.30 per liter for petrol, according to new Government figures.

Asda said it would never pay more than 122.7p per liter for petrol and 134.7 for diesel.

Owners of diesel vehicles have reached 18 consecutive weeks, reaching an average of £ 1.37 per liter.

The last time diesel was this expensive was March 2014.

4p per liter of gasoline fuel. Luke Bosdet said he was watching with dismay as petrol pump prices 'tripped down by barely a penny'.

The RAC described the supermarket price drop as 'excellent news', but insisted it is 'long overdue' as fuel retailers have 'not played fair with drivers in a falling wholesale market'.

Owners of diesel vehicles have reached 18 consecutive weeks, reaching an average of £ 1.37 per liter. Pictured: A woman refusing at a Morrison's forecourt

Owners of diesel vehicles have reached 18 consecutive weeks, reaching an average of £ 1.37 per liter. Pictured: A woman refusing at a Morrison's forecourt

Owners of diesel vehicles have reached 18 consecutive weeks, reaching an average of £ 1.37 per liter. Pictured: A woman refusing at a Morrison's forecourt

It is Asda's second petrol price reduction in less than two weeks.

The supermarket's senior fuel buyer, Dave Tyrer, said: 'Our new national price cap of 122.7p per liter will be welcomed by the millions of drivers across the UK.

'Further decreases in the wholesale market are in just under two weeks.'

Tesco's wants to begin this evening. Morrisons wants to wait until tomorrow and Sainsbury's Thursday.

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