Asda cuts petrol price to 92.9p

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Asda said the price of petrol would be reduced by 2p a litre to 92.9p a litre but diesel would remain unchanged at 106.9p a litre.

The company said falling US demand for gasoline had helped push down the price of petrol, whereas diesel costs remained steady.

Asda trading director Darren Blackhurst said: "We are seeing further reductions in our cost price which we're immediately passing on to all our customers as we continue to lead down the price of petrol.

"Diesel costs remain high and leave no room for further cuts at this stage."