UK supermarkets cut petrol price as oil barrel value plunges

Plunging world oil prices have prompted leading supermarkets to cut the cost of their fuel. First, Asda announced it was knocking 2p a litre off its petrol and diesel from Saturday.

Petrol retailers urged to cut prices in line with falling oil costs

The government has urged petrol retailers to cut prices to bring them in line with plunging oil costs.