Supermarkets start petrol price war ahead of sunny Bank Holiday weekend

Asda Petrol station, Sandal, Wakefield...7th November 2012..Picture by Simon Hulme
Asda Petrol station, Sandal, Wakefield...7th November 2012..Picture by Simon Hulme
1
Have your say

A petrol price war has broken out between supermarket giants ahead of the Bank Holiday weekend.

Morrisons announced this morning that it was slashing the price of petrol by up to 2p a litre, and diesel by 1p a litre.

Sainsbury’s quickly announced that both its petrol and diesel would be cut by up to 2p a litre.

And Asda lowered its national price cap to 129.7p for petrol and 134.7p for diesel.

Morrisons petrol director Mark Todd said a sunny weather forecast had prompted their price cuts.

He said: “We’re expecting to see high numbers of motorists filling their tanks for family trips out.

“That’s why we’re passing on these savings in time for the pre-bank holiday shop.

“A drop in wholesale prices combined with an improved exchange rate has provided us with an opportunity to pass a saving on to customers and continue to offer some of the lowest prices on the market.”

Sainsbury’s head of fuel Richard Crampton said: “We’re always looking at ways to help save customers money, especially in the run up to the bank holiday weekend.”

And Asda’s petrol director Andy Peake said: “We’re pleased to be reducing the price of fuel yet again for all our customers. Our national price cap benefits everyone, meaning that no-one filling up at Asda will be forced to pay a premium for their fuel because of where they live.”

The Met Office has forecast a mainly dry weekend, but said it could rain in the early hours of tomorrow morning.

Temperatures are expected to improve as the weekend goes on, hitting 19°C on Monday afternoon.