Petrol price war

There is a new spurt in the race between supermarkets to cut fuel prices.

Asda has announced another 2p cut in the cost of unleaded petrol, which falls to 105.7p a litre from tomorrow -- after a similar cut last week.

Tesco followed with a promise that its petrol and diesel prices would drop by 2p a litre this afternoon.

Meanwhile the price of Brent crude oil slipped below $55 in world markets.

There are predictions that some buyers will be able to fill up for £1 a litre or less within the next couple of weeks.