Top

Supermarkets announce 2p per litre diesel cut

Tesco, Asda, Sainsbury's and Morrisons have all announced price cuts of up to 2p per litre on the cost of diesel.

Four supermarkets have announced cuts to the price of diesel.

Morrisons, Sainsbury’s, Tesco and Asda will each be cutting the price of a litre of diesel by 2p. The cuts come into force from Wednesday morning.

Just last month the same supermarkets all announced similar price cuts to both petrol and diesel within a few hours of each other, as we explained in Sainsbury's sparks new petrol price war with 4p cut.

Supermarkets have become significant players in the fuel sector in recent years, with their market share growing from 29% in 2004 to 39% today.

And their presence has led to a lowering of prices in the surrounding areas, according to Office of Fair Trading research. It found that towns with at least one supermarket forecourt in the area lead to pump prices that were 0.7 pence per litre cheaper for petrol and 0.5 pence per litre cheaper for diesel.

However, don’t just rely on filling up near a supermarket in order to get the lowest price on your fuel. Check out our tips in How to find the cheapest diesel and petrol prices.

More on motoring

The places your car is most likely to suffer pothole damage

The cars most likely to be vandalised or stolen

Five ways to get the best new car deal

Claim compensation for pothole damage to your car, bike or motorcycle

Most Recent


Comments



  • 10 April 2013

    If you move to France you have to get used to third world telecoms and broadband service and be taxed to the eyeballs in every other respect - and if in business put up with absurd red tape and with the insularity and arrogance of the French. Happy to pay a bit extra for fuel......

    REPORT This comment has been reported.
    0

  • 10 April 2013

    or move to France and pay 20p less per litre...........

    REPORT This comment has been reported.
    0

  • 09 April 2013

    Sorry John, but it's another headline worthy of your wet-behind-the-ears journalists and hardly worth the time to read. Pennies here and there on fuel costs don't merit a diversion unless you are at the store in the first place. Save far more money by making sure your tyres are always at the maximum recommended pressure for your vehicle, ditching excess weight and keeping your oil clean and with the lowest allowed viscosity.

    REPORT This comment has been reported.
    0

Do you want to comment on this article? You need to be signed in for this feature

Copyright © lovemoney.com All rights reserved.

 

loveMONEY.com Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number (FRN): 479153.

loveMONEY.com is a company registered in England & Wales (Company Number: 7406028) with its registered address at First Floor Ridgeland House, 15 Carfax, Horsham, West Sussex, RH12 1DY, United Kingdom. loveMONEY.com Limited operates under the trading name of loveMONEY.com Financial Services Limited. We operate as a credit broker for consumer credit and do not lend directly. Our company maintains relationships with various affiliates and lenders, which we may promote within our editorial content in emails and on featured partner pages through affiliate links. Please note, that we may receive commission payments from some of the product and service providers featured on our website. In line with Consumer Duty regulations, we assess our partners to ensure they offer fair value, are transparent, and cater to the needs of all customers, including vulnerable groups. We continuously review our practices to ensure compliance with these standards. While we make every effort to ensure the accuracy and currency of our editorial content, users should independently verify information with their chosen product or service provider. This can be done by reviewing the product landing page information and the terms and conditions associated with the product. If you are uncertain whether a product is suitable, we strongly recommend seeking advice from a regulated independent financial advisor before applying for the products.