Pre-Christmas petrol prices cut

Pre-Christmas petrol prices cut

Two big supermarket chains have given motorists an early Christmas present by cutting their fuel prices.

Asda is knocking 2p a litre off the price at its petrol pumps and 1p off a litre of diesel from Wednesday, meaning customers will not pay more than 126.7p a litre for petrol and 134.7p for diesel.

Tesco has followed suit with similar reductions, also in action from Wednesday.

Asda is well aware that people's finances are tighter than ever in the run-up to Christmas, according to petrol trading director Andy Peake. He said the supermarket was happy to help them out with the cuts and make their money last that little bit longer during the seasonal period.

Pete Williams, head of external affairs at the RAC, said: "Cheaper fuel is something motorists will widely welcome and comes ahead of both last-minute Christmas shopping this weekend, and the rush on the roads next week.

"The wholesale price of fuel is at its lowest rate since early November so we hope that other retailers pass on a similar saving."

Copyright Press Association 2013