The price of petrol is to be dropped by a number of the large supermarkets in the UK. Asda, Tesco, Sainsbury and Morrison’s have announced that they will cut their prices by up to 2p a litre in an attempt to ease pressure on consumers. Supermarkets have been able to do this following a fall in wholesale prices which has already led to a reduction in the price at the pumps.The fall in wholesale prices has sparked the war between the supermarkets who all want to be seen as passing the savings on to their customers. Market experts have suggested that the prices will continue to fall throughout the remainder of the year which will continue to be good news for the supermarkets.The supermarkets have also reacted to the recent publicity around the postcode lottery on fuel prices by reiterating that they aim to keep the same prices across all their forecourts.Asda’s petrol trading director Andy Peake said:“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.” The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article. Setfords Solicitors are a national full service law firm, with dispute resolution solicitors in Birmingham and across the country.