Motorists will benefit from lower supermarket petrol prices from today. First Asda announced that it would be cutting up to 2p off a litre of petrol – but not diesel – from this morning. Then rival Sainsbury's announced a similar up-to-2p reduction which will also take effect from today. AA public affairs head Paul Watters yesterday welcomed the price cuts but warned that "unless the rest of the market reflects the lower cost, it's a case of the same old story – prices up like a rocket, falling like a feather."
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