Updated: 23/04/2013 18:10 | By motoringresearch.com

Supermarkets announce drop in fuel prices

Asda and Sainsbury's cut 2p off a litre of fuel with Morrisons knocking 3p off a litre of unleaded


Supermarkets announce drop in fuel prices

Finally some good news about petrol prices: the major supermarkets have today announced a round of price cuts, which will take force from tomorrow (Tuesday 16 April).

Asda and Sainsbury’s have already announced a drop of up to 2p per litre, with Morrisons going one better by cutting 3p off a litre of unleaded and 1p off a litre of diesel.

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Other supermarkets are expected to follow suit.

The AA claims the small reduction in prices is down to a favourable exchange rate and a fall in the wholesale price of fuel. Edmund King, AA president said: “We predicted these cuts last week, with oil down to its lowest level in a month and the pound gaining on the dollar after its recent fall.

“This is perhaps another glimmer of sunlight for drivers after a hard, wet, pot-holed and expensive winter of driving.”

And when Edmund King puts it that way, we say roll on the spring.

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