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Supermarkets launch new petrol price war

Mon, 07 Oct 2013

British supermarkets have launched a new fuel price war which will see petrol prices dip down below the 130 pence per litre mark.

Sainsbury’s was first to move, by cutting a huge 6p per litre off the price of unleaded – taking prices down to 129.9p.

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Asda quickly followed up by saying nobody will pay more than 128.7p for a litre of petrol.

Both fuel price cuts will come into force from tomorrow (Friday 27 September).

Diesel prices are also following suit. Asda says its national diesel price cap will fall from 137.7 to 135.7p per litre, while Sainsbury’s will also cut 4p per litre from diesel.

It’s the second time Asda has cut its fuel prices in a week and, while they haven’t confirmed any reductions yet, both Morrisons and Tesco are expected to act too.

The AA has also praised Asda and Sainsbury’s for setting a fuel price ceiling, rather than altering prices by postcode.

“It should turn what has been, up to now, a phoney fuel price war into one that means something to hard-pressed drivers,” a spokesman told the Telegraph.