Asda fires new shot in petrol price war

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Supermarket giant Asda has fired the latest shot in the petrol price war by cutting the price of unleaded petrol by two pence per litre.

The store says its new national price cap meaning that, unlike other retailers who work on average prices, drivers will pay no more than 105.7 per litre on unleaded whilst diesel remains at a national price cap of 107.7 per litre.

The supermarket, which has an outlet off Marina Way in Hartlepool, says it is is the only retailer that has a national price cap at all 272 filling stations.

Andy Peake, Asda’s senior director for petrol, said: “We’re now seeing unleaded move back to its traditional place after two months of diesel being the cheapest fuel grade.

“This new drop means drivers across the country will pay no more than 105.7 per litre for unleaded.”