Asda and Sainsbury's cut fuel prices

* Asda cuts fuel by 2p a litre * Sainsbury's cutting fuel by 'up to 2p' * Fuel duty rise due in August...

Asda and Sainsbury's cut fuel prices
25 Jun 2012 16:45

Asda and Sainsbury's say they will cut the price of fuel at their petrol stations from Tuesday.

Asda is cutting the price of its diesel and petrol by 2p a litre. It says a litre of unleaded will cost no more than 127.7p, while diesel will cost no more than 132.7p.

It says it has cut fuel prices by 14p a litre since April.

Sainsbury's announced on Twitter that it will cut its fuel prices 'by up to 2p a litre' from tomorrow.

According to the AA, the average price of a litre of unleaded across the country is 133.8p, while a litre of diesel costs 139.3p on average.

However, fuel prices are soon set to rise, with a planned 3p per litre increase in fuel duty expected on August 1.

Iain Reid