Top

Supermarkets cut their petrol prices again as oil price stays low


Updated on 23 September 2015 | 0 Comments

Three of the UK's largest supermarkets have announced that they are cutting unleaded fuel prices at their petrol stations

Asda, Sainsbury's and Tesco have announced another round of petrol price cuts at their petrol stations.

Asda will be cutting and capping the price of petrol by up to 2p per litre today (September 24). It has a nationwide cap in place, so you will pay no more than 105.7p per litre. 

Diesel will remain at the same price of 107.7 pence per litre.

Tesco will also be reducing the price of unleaded petrol by up to 2p per litre from 1pm today.

Meanwhile Sainsbury's will cut the price of unleaded petrol by up to 2p per litre from tomorrow (September 24). 

According to fuel price comparison website PetrolPrices.com, the average price of a litre of unleaded petrol in the UK is currently 110.74p.

[Related story: Top ways to cut the cost of car insurance]

Good news for motorists

RAC fuel spokesman Simon Williams said: "This is yet more good news for petrol car drivers who have enjoyed prices coming down in August as a result of a barrel of oil staying around or below $50 since the end of July.”

Williams said that the move would hopefully drive the price of unleaded petrol back towards its six-year average low of 106p per litre, which we saw in January.

Typically, as one of the ‘Big Four’ supermarkets cuts its petrol prices, the others soon follow suit. We will be updating this article throughout the day as and when other price cuts are announced.

Earn money back on your everyday spending: see how much a cashback credit card could pay you

Comments


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

Most Popular

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.