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Old 22-07-2008, 07:38
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Default Supermarkets launch fuel price war

Supermarkets have launched a petrol price war, with three of Britain's biggest chains cutting the cost of unleaded and diesel by up to 5p a litre.

Supermarket chain Asda announced it would cut the cost of unleaded and diesel by 3p a litre, and Morrisons swiftly followed suit by cutting the price of unleaded and diesel by 4p a litre.

Sainsbury's said it was cutting petrol by 5p a litre from Thursday for customers who spent £50 or more in stores. The promotion will run for two weeks.

Asda and Morrisons said they were responding to the recent drop in the price of oil. The price of a barrel of oil dropped from a peak of 147 dollars to 130 dollars in recent weeks.

Linky: The Press Association: Supermarkets launch fuel price war

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