Supermarket giants force down the price of fuel after reduction in crude oil costs
PETROL HAS dropped below £1 per litre for the first time since December last year, thanks to a price cut from supermarket chains Asda and Morrison's.
Both are selling unleaded petrol at 99.9 pence per litre, and also cutting the price of diesel at the pump.
The news follows a drop in crude oil prices - a barrel of oil has fallen from a high of around $147 in July to less than $80, and the firms said they were passing this drop on to customers.
The average price of unleaded petrol in the UK is currently around 117p.