Major supermarkets cut their petrol prices by up to 2p a litre on Tuesday (March 14) in a move which marks the start of a price war.
Tesco , Morrisons and Asda competed to bring drivers the lowest prices after Asda said it would bring unleaded fuel to a national price cap of 114.7p per litre (ppl), with diesel at a maximum of 116.7ppl.
Tesco said that diesel and petrol prices would fall by 2ppl and Morrisons said it aimed to drop prices by up to 2ppl to keep costs "far below the UK average".
This comes after months of price rises at the pumps as higher oil costs and the falling pound after the Brexit vote hit drivers' wallets.
Asda’s head of petrol trading Dave Tyrer said: "Today’s latest move shows that Asda is once again leading the way in reducing the price at the pumps to help the millions of motorists across the UK.
"Our new national price cap of 114.7ppl on unleaded and 116.7ppl on diesel will be welcomed by the millions of drivers who have seen fuel prices climb over the last 12 months."
Roger Fogg, Morrisons Services Director, said: "We will always aim to drop prices as soon as we can and always keep them far below the UK average."
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