Two supermarkets reduce pump prices

Two supermarkets reduce pump prices

In the bleak midwinter, there's some good news for motorists with the announcement that the price of fuel at two supermarkets is to come down.

Diesel and petrol prices will drop by as much as 2p per litre at both Asda and Tesco and could spark a price war across the other major payers.

Although economic conditions are improving, motorists still need to be prudent, whether that's through securing the cheapestcar insurance premiums or cutting motoring costs in general - so the news of any saving at all will be welcome.

Asda, which was first to announce reductions, said that drivers will pay no more than 126.7p per litre for petrol and 133.7p a litre for diesel, marking its lowest fuel price since July 2012.

Pete Williams, RAC's head of external affairs, said that if the reductions are matched at the pumps around the UK, this could mark the biggest drop since February 2011.

And he said: "This will no doubt have a positive effect on the economy too as well as lessening the social impact that high fuel prices have on people's personal lives."

Copyright Press Association 2014