The price of petrol is set to plummet below £1 a litre, continuing the welcoming trend of falling prices since autumn last year.
A fall in the cost of crude oil is now being felt at the pumps. The average cost per litre is now 113.9p
Sainsbury's, Tesco and Asda have cut the cost at the pumps by 2p each.
Oil dropped to $56 a barrel earlier this week, the biggest annual decline since 2008, and it believed the value will continue to drop.
Avishai Moor, Sainsbury's head of fuel, said: "This is another way in which we can offer our customers real value for money when they fill up with Sainsbury's on New Year's Day."
Andy Peake, the company's petrol trading director, said: "We're pleased to be giving drivers some early New Year savings with Asda once again leading the way with our thirteenth price cut on fuel since September.
Prices are correct at time of publication, according to www.petrolprices.com
- Sainsburys Springfield, White Hart Lane, Chelmsford, Essex, CM2 5PA 107.9pas of Jan 1
- Tesco Chelmsford 2, Princes Road, Chelmsford, Essex, CM2 9DE 108.9pas of Jan 1
- Tesco Pitsea Extra, Off Station Lane, Pitsea, Essex, SS13 3JU 108.9pas of Jan 1
- Asda Basildon Eastgate, Eastgate, Basildon, Essex, SS14 1AE 108.9p as of Dec 29th
- Asda South Woodham Ferrers Automat, Ferrers Road, South Woodham Ferrers, Chelmsford, Essex, CM3 5SY, 109.7pas of Dec 29
- Morrisons Witham, Braintree Road, Witham, Essex, CM8 2DD 109.9p as of Jan 1
- Morrisons Maldon, Limebrook Way, Wycke Hill, Maldon, Essex, CM9 6GG 109.9pas of Jan 1
- Mrh Latchingdon Spar, The Street, Latchingdon, Chelmsford, Essex, CM3 6JP 109.9pas of Dec 31
- Harold Park Service Station, Colchester Road, Harold Park, Romford, Essex, RM3 0AG 109.9pas of Dec 31
- Shell Tiptree, Maypole Road, Tiptree, Colchester, Essex, CO5 0EN 109.9pas of Dec 31
