The giant supermarket retailer Asda has reduced the prices of petrol to 122.7p per litre instead of 124.7p per litre, the second price reduction in two weeks at its stations in all around the country .

“Our new national price cap of 122.7p per litre will be welcomed by the millions of drivers across the UK” Asda’s senior fuel buyer, Dave Tyrer stated in an interview with one of the news agencies , adding :
“Further decreases in the wholesale market mean we are able to reduce our prices again, seeing our unleaded price dropped by up to 5p per litre in just under two weeks” .
Asda has taken the initiative to cut the high prices , and it is expected to be followed by other retailers to do the same .