Supermarkets cut the cost of petrol and diesel

Motoring and Travel

Updated on 13 September 2013 | 15 Comments

Petrol prices are falling again at two of the leading four supermarkets from today.

Asda is cutting the price of petrol by up to 2p a litre and diesel by up to 1p from today.

The price cut fits into the supermarket's national price cap, so no one will pay more than 133.7p per litre for petrol or 138.7p for diesel.

It claims that after the price cut the average household could save more than £45 per year by using its petrol stations compared to the most expensive suppliers.

Supermarket price war

Tesco followed suit and said it will be dropping the price of petrol and diesel in some sites by up to 2p from today. But it did not confirm which sites would be affected.

Morrisons has confirmed it will not be making any changes to its petrol prices, while Sainsbury's has yet to respond.

Back in June we reported on another supermarket pricing war which started with Asda cutting prices by up to 2p. This was shortly followed by similar announcements from the other big three supermarkets.

Petrol prices lottery

Average petrol prices have risen by almost 3% in the past three months to 137.5p in August, according to the AA.

But although news of petrol prices going down is positive, it doesn’t address the problem of the postcode lottery.

Throughout the UK drivers are paying significantly different prices depending on where they live. Prices can vary by up to 3p in some areas depending where you fill up.

Those in small towns are being worst affected with some facing increases of up to 5p a litre since June.

Read The petrol price postcode lottery for more.

How to save money on petrol

There is no way to avoid rising prices but individually you can make some small changes to cut the price you pay on petrol.

The internet is full of information and advice and the website PetrolPrices.com will show you the cheapest places to fill up in your neighbourhood.

Avoiding motorway service stations, keeping your car in good condition, and removing any unnecessary weights will also help.

Our article How to find cheaper diesel and petrol has more information.

More on cars:

25 ways to cut your car insurance

The cheapest cars to insure for young drivers

The best car insurance incentives and freebies

The petrol price postcode lottery

Cosmetic car insurance: is it worth it?

The best and worst car insurers

Multi v single car insurance - what's cheapest?

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