Wednesday, 19 May 2010

Asda launches petrol price war by slashing cost of fuel by 2p per litre

Asda triggered a price war over fuel last night by cutting 2p from the cost of petrol.

The move has forced rival supermarket and oil giants into reducing their prices after weeks of record highs.

The supermarket's price cut takes its petrol down to 115.9p a litre - or £5.27 a gallon - while its diesel will drop 1p to 118.9p a litre.

Within hours Shell followed suit by cutting 2p off both its petrol and diesel prices.

Asda triggered a price war over fuel last night by cutting 2p from the cost of petrol.

The move has forced rival supermarket and oil giants into reducing their prices after weeks of record highs.

The supermarket's price cut takes its petrol down to 115.9p a litre - or £5.27 a gallon - while its diesel will drop 1p to 118.9p a litre.

Within hours Shell followed suit by cutting 2p off both its petrol and diesel prices.


 

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