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| Version 1 | Version 2 |
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| Supermarkets cut petrol prices again | Supermarkets cut petrol prices again |
| (4 months later) | |
| The petrol price war intensified on Thursday with four major supermarkets all unveiling further reductions ahead of the bank holiday weekend. | The petrol price war intensified on Thursday with four major supermarkets all unveiling further reductions ahead of the bank holiday weekend. |
| Morrisons sliced 2p a litre off petrol and 1p off diesel, which was quickly followed up by Sainsbury's, Asda and Tesco. Asda said it was the fourth price cut in the same number of weeks and from Friday morning drivers at any of its 217 forecourts nationwide will pay no more than 129.7p a litre for petrol and 134.7p a litre for diesel. | Morrisons sliced 2p a litre off petrol and 1p off diesel, which was quickly followed up by Sainsbury's, Asda and Tesco. Asda said it was the fourth price cut in the same number of weeks and from Friday morning drivers at any of its 217 forecourts nationwide will pay no more than 129.7p a litre for petrol and 134.7p a litre for diesel. |
| "We're pleased to be reducing the price of fuel yet again for all our customers. Our national price cap benefits everyone across the country, meaning that no one filling up at Asda will be forced to pay a premium for their fuel because of where they live," said Andy Peake, Asda's petrol trading director. | "We're pleased to be reducing the price of fuel yet again for all our customers. Our national price cap benefits everyone across the country, meaning that no one filling up at Asda will be forced to pay a premium for their fuel because of where they live," said Andy Peake, Asda's petrol trading director. |
| The moves have been triggered by a fall in the wholesale cost of petrol on the back of a wider slump in the global crude oil markets. On Wednesday the price of Brent crude fell 3% to below $100 a barrel. | The moves have been triggered by a fall in the wholesale cost of petrol on the back of a wider slump in the global crude oil markets. On Wednesday the price of Brent crude fell 3% to below $100 a barrel. |
| Paul Watters, the head of public affairs at the AA, said the latest pump price cuts were to be applauded but motorists should remain wary. "If this trend continues, that would be a good start to the summer season but no-one should under-estimate the market's ability to send prices shooting up again, often just on pure speculation." | Paul Watters, the head of public affairs at the AA, said the latest pump price cuts were to be applauded but motorists should remain wary. "If this trend continues, that would be a good start to the summer season but no-one should under-estimate the market's ability to send prices shooting up again, often just on pure speculation." |
| Watters said that the average UK price of petrol had fallen by Wednesday to 134.77p a litre and diesel to 139.24p but this still compared with start-of-the-year prices of around 132p for petrol and 140p for diesel. There has been continual concerns expressed by many motoring groups that petrol companies are quick to pass on pump price hikes on the back of wholesale cost increases, but slow to pass on savings at the forecourt when wholesale petrol falls. | Watters said that the average UK price of petrol had fallen by Wednesday to 134.77p a litre and diesel to 139.24p but this still compared with start-of-the-year prices of around 132p for petrol and 140p for diesel. There has been continual concerns expressed by many motoring groups that petrol companies are quick to pass on pump price hikes on the back of wholesale cost increases, but slow to pass on savings at the forecourt when wholesale petrol falls. |