Britain’s supermarkets including Asda, Sainsbury and Tesco have announced that it would be cutting up to 2p per litre of petrol from today morning.
Now the customers will have to pay no more than 133.7p per litre for petrol, while diesel price remains same at 139.7p per litre. Asda was first to announce the cut in petrol prices and the trend was followed by Sainsbury and Tesco.
British motorists have continued to face near-record level fuel prices at the pumps with prices reaching 139.6p per litre in September. The petrol price reduction by supermarkets is likely to bring delight for the customers.
Making the announcement of the petrol price cut, Asda’s petrol trading head Jeremy Walton said, “We always aim to be the first retailer in each part of the country to drop prices when costs are falling and the last to put them up.”
Petrol price cut by supermarkets was hailed by AA public affairs head Paul Watters, but he stressed that “Unless the rest of the market reflects the lower cost, it’s a case of the same old story – prices up like a rocket, falling like a feather.”
Delighted to make the petrol price reduction, Sainsbury’s head of fuel, Richard Crampton, said the petrol price cut was just another way of helping their customers save money in the festive season.
Britain’s biggest petrol retailer Tesco also followed Asda and Sainsbury to cut price of unleaded fuel by up to 2p per litre.