Sainsbury’s has triggered a fresh fuel pricing war with the announcement that it’s cutting up to 2ppl just ahead of the busy holiday season.
The move, which follows a drop in the price of oil, is being followed by Morrisons and Asda.
Peter Cattell, fuel director for Tesco, commented: “We know customers will be making plans to enjoy the British summer, so we’re delighted to be dropping the price of petrol and diesel by up to two pence per litre at all of our 500 petrol filing stations. This reduction will mean millions of customers save money by shopping at Tesco”.
RAC fuel spokesman Simon Williams said: “The oil price, the biggest variable affecting UK fuel prices, is now at its lowest level in more than six months. This is due to increased oil output from the United States, which has been counteracting the production cut introduced some months ago by OPEC and other countries in a bid to try to boost the oil price. The pound has also gained against the dollar lately – meaning the outlook for lower priced fuel over the weeks ahead is positive.”
