supermarket fuel price war|
Petrol prices in 2017 - predictions
from the petrol prices monitoring website - see our news item in December 2016.
Find the lowest UK petrol
price in your area with regular emails with your local fuel prices from PetrolPrices.com.
The savings can be quite surprising. More
fuel prices have been at their highest levels since December 2014, following several
months of consecutive price increases. These increases have been caused by a perfect
storm of rising oil prices and the fall in Sterling against the US Dollar following
the outcome of the referendum to leave the European Union last year. The average
price of petrol in February 2017 was almost 20 pence more per litre compared to
February 2016. For further details, you can compare historical fuel prices here.
However, this week things have begun to change. Asda and Morrisons announced price
cuts on Monday which finally triggered a long-awaited new supermarket fuel
price war. See PetrolPrices.com|
revealed that they will be selling unleaded petrol for 114.7p per litre and
diesel for 116.7p per litre from this week, with Morrisons responding on Monday
by tweeting the following: "Good news for motorists!
From tomorrow we're dropping the price of unleaded and diesel by up to 2p a litre".
Tesco also joined in on Tuesday by dropping their prices by 2p a litre, and yesterday
The Sun reported that Sainsburys had followed suit and cut their prices
by 2p a litre as well. A 2p per litre cut represents a saving of over £1.30
per tank for drivers.|