Supermarkets cut the price of fuel

Three supermarkets have announced fuel price cuts as wholesale costs continue to fall.

Asda was the first to say yesterday that costs would be reduced, with Morrisons and Sainsbury’s following suit.

Asda cut its national price cap by 1p a litre for petrol and 2p a litre for diesel from yesterday.

Morrisons and Sainsbury’s matched the cut starting from today.

It is Asda’s fourth fuel price reduction in the past four weeks.