Asda and Sainsbury’s slash petrol prices as Black Friday shopping event begins

Asda and Sainsbury’s have slashed petrol prices today as UK consumers participate in Black Friday.

Both supermarkets have cut 1p per litre off the price of unleaded and 2p off each litre of diesel following a decrease in the wholesale cost.

Customers of the UK’s second and third largest food stores will pay no more than 118.7p for a litre of unleaded and 129.7p on diesel.

Asda's Senior Fuel Buyer, Dave Tyrer said: "Our new national price cap of 118.7ppl on unleaded and 129.7ppl on diesel will be welcomed by the millions of drivers across the UK in the run up to the festive period.

“Further decreases in the wholesale market mean we are able to reduce our prices again with Asda’s unleaded price dropped by up to 9ppl since the end of October and now we’re seeing the diesel price drop below £1.30 for the first time in three months.”

Sainsbury’s fuel buying manager David Pegg said: "At this busy, festive time of year we are committed to helping our customers live well for less and that’s why we’re dropping the price of unleaded petrol and diesel from tomorrow.

"Whether in store or at the pumps, customers know they will get fantastic value with Sainsbury’s."