Sainsbury's has sparked a price war at the pumps after announcing a 5p cut in the cost of petrol and diesel at all its forecourts from Tuesday (September 30).
The move prompted fierce rivals ASDA and then Tesco to follow suit. Tesco will also be cutting the cost of petrol and diesel by 5p, in addition to existing savings customers can make through its Fuel Save promotion.
Asda's price cut will amount to 1p for petrol and 2p for diesel.
Peter Cattell, fuel director for Tesco said: "From tomorrow, we'll be cutting the price of petrol and diesel at all of our Petrol Filling Stations by up to 5 pence per litre.
"As Britain's biggest fuel retailer this means more motorists can make real savings."
Avishai Moor, Sainsbury's head of fuel, said: "Fuel is a big part of the weekly budget for many households, which is why we're taking the lead and cutting the price of unleaded petrol and diesel by up to 5 pence per litre.
"We always aim to offer our customers the very best value on everything we sell and our latest drop means that millions of motorists across the UK can save money when they fill up with Sainsbury's."
RAC fuel spokesman Simon Williams said: "The wholesale price of both petrol and diesel has been low for around three months and as a result motorists have been enjoying some the cheapest prices for over three years
"But this cut will take us to new low, the likes of which we haven't seen since late 2010, early 2011 when the price of petrol and diesel unfortunately jumped by 10p a litre in just a few months."
