Supermarkets slash fuel prices

SUPERMARKETS are slashing fuel prices again.

In the latest round of cuts, Sainsbury's is reducing its petrol by up to 6p a litre and its diesel by up to 4p a litre.

This means customers will pay no more than 129.9p a litre for petrol and 136.9p for diesel, with the reductions taking place from today.

Also from today Asda is cutting prices too, with its customers paying no more than 128.7p a litre for petrol and 135.7p for diesel. This is the latest in a series of reductions by Asda.

Andy Peake, Asda's petrol trading director, said: "Families across Britain are crying out for help when it comes to managing their budgets and we know every fuel reduction makes a real difference."

Richard Crampton, Sainsbury's head of fuel, said: "We want our customers to benefit from the recent drop in the wholesale price of fuel."

Pete Williams, the RAC's head of external affairs said he was pleased major fuel retailers were passing on the wholesale price drop to motorists.

He went on: "It may only seem a small saving per tank but the overall savings really add up over time and it's important that the retailers pass on these savings as quickly as possible to maintain the confidence and trust of motorists."

Tesco said that it was cutting its petrol by up to 3p a litre and its diesel by up to 2p.

It is the company's second reduction of the week.

By Peter Woodman, Press Association