The retailer has cut 1p a litre off unleaded and 2p a litre off diesel following a further fall in wholesale costs – the price supermarkets pay for fuel.
As Asda has a national fuel price cap, the move means drivers will pay no more than 118.7p a litre for unleaded and 129.7p a litre for diesel.
The supermarket says it's the first time in three months that diesel has fallen below the £1.30 price barrier.
Earlier this month, Asda, Morrisons, Sainsbury’s and Tesco cut fuel prices by 3p per litre.
And Morrisons has been hot on Asda's heels today. It will cut the cost of unleaded by 1p a litre and diesel by up to 2p a litre at all of its 335 filling stations from tomorrow.
Three ways to cut your fuel costs
- Accelerate gradually without over-revving
- Always drive on the highest possible gear
- If you can, allow your car to slow down naturally as your brake is a money burner
- Re-starting your car is expensive, if you can, keep moving
While Sainsbury’s will also drop the price of unleaded petrol by 1p a litre and diesel by up to 2p a litre across its 313 forecourts from tomorrow.
The Sun has asked Tesco if it also plans to cut prices today and we'll update this news story as soon as we get a response.
Average petrol prices now stand at 126.8p a litre for unleaded and 135.6p a litre for diesel, according to petrol price comparison website PetrolPrices.com.
This year's Budget saw a boost for motorists as the Chancellor scrapped a 2p a litre fuel duty rise.
The move was a huge victory for The Sun’s long-running Keep It Down campaign — and for our readers.
We have persuaded successive Chancellors to halt the annual tax raids on motorists, allowing them to keep almost £1,000 now in total since 2010.
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