SUPERMARKET giant Asda has cut the cost of petrol for the second time in a week.

The company today announced plans to lower the price of fuel with a price cut of 4 pence per litre on Diesel and 2 pence per litre off Unleaded.

Effective from today (Wednesday, February 5) drivers filling up at any of Asda’s 322 petrol stations will benefit from the price cut which has now seen the retailer bring fuel prices down by up to 7 pence per litre across the last week.

Any driver filling up at any Asda filling station will pay no more than 118.7ppl on unleaded and 120.7ppl on diesel.

Asda Senior Fuel Buyer, Dave Tyrer said: "We’re pleased to be passing on these wholesale cost prices to customers for the second time in two weeks as the price of oil continues to fall.

"Any motorists filling up at Asda will pay no more than 118.7ppl on unleaded and 120.7ppl on diesel. This is the second time in a week we’ve led a price cut, bringing the cost of fuel down by up to 7 pence per litre.

“We will continue to put the savings straight back into drivers' pockets without any vouchering requirements meaning all our customers, regardless of their budget, will benefit from a price cut at the pumps.”