PETROL PRICES TO FALL AGAIN AT THE PUMPS

Petrol prices set to fall again at supermarket forecourts in Northern Ireland

Petrol prices set to fall again at supermarket forecourts in Northern Ireland

SUPERMARKET giants in Northern Ireland are to cut their fuel prices again.

ASDA is the latest to announce it is cutting its forecourt prices to motorists.

The supermarket, which has eight petrol stations in Northern Ireland, will slash prices to 129.7p per litre on unleaded petrol while the price of diesel will fall to 134.7p per litre.

The cost cut comes into effect on Friday.

ASDA forecourt prices have fallen by 7p per litre.

Andy Peake, Asda’s Petrol Trading Director said: “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.”

Sainsbury’s will also cut its prices by up to 2p on Friday, as the latest in a series of reductions by supermarkets over the last few weeks.

AA public affairs head Paul Watters said: “Today’s supermarket price war comes on the back of yesterday’s 40-dollars-a-tonne fall in petrol wholesale prices across Europe – equivalent, with VAT, to a 2.5p-a-litre fall at the pump.

“However, just as one swallow doesn’t make a summer, two days of commodity price falls doesn’t signal the end of drivers’ pump misery.

“If this trend continues, that would be a good start to the summer season but no one should underestimate the market’s ability to send prices shooting up again, often just on pure speculation.”

On Wednesday, the average UK price of petrol fell to 134.77p per litre and diesel to 139.24p per litre.

At the start of January,  unleaded was 132p 140p for diesel.

 

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