PETROL stations across Gwent have dropped their prices by up to three pence after fuel prices hit a two year high last month.

The drop comes after the wholesale price of fuel fell in the last fortnight.

Last month, the South Wales Argus put together a list of the cheapest forecourts in Gwent.

At the time, the cheapest place to get petrol in Gwent was Avondale Service Station, in Avondale Road, Cwmbran.

The forecourt was selling petrol at £1.149 per litre.

As of yesterday, data collected by PetrolPrices.com showed the cheapest places to get petrol in Gwent were the Asda petrol station in Pencarn Way, Newport, the Morrisons petrol station in Azalea Road, Rogerstone and the Morrisons petrol station in Beaufort Road, Ebbw Vale.

The three forecourts were selling petrol at £1.127 per litre.

Data also showed that, as of yesterday, the cheapest diesel in Gwent can be bought from the same three petrol stations - for £1.147 per litre.

Last month, the cheapest diesel could be bought from Morrisons’ petrol station in St David’s Road, Cwmbran, where diesel was being sold at £1.179 per litre.

At the time, Tesco forecourt in Castle Street, Abertillery, was selling diesel at the same price.

This means the cheapest diesel in Gwent has seen a drop in price of three pence.

As of yesterday, three forecourts in Torfaen were selling petrol at £1.139 per litre.

These were Morrisons’ petrol station in St David’s Road, in Cwmbran, Avondale service station in Avondale Road, in the northern outskirts of Cwmbran, and Tesco petrol station in Lower Bridge Street, in Pontypool.

At £1.159 per litre, the Morrisons’ petrol station in St David’s Road was selling the cheapest diesel in Torfaen.

In Monmouthshire, Tesco petrol station in Station Road, in Chepstow, was selling the cheapest petrol and diesel.

It was selling petrol at £1.159 per litre and diesel at £1.179 per litre.

In Blaenau Gwent, the cheapest petrol station for both diesel and petrol was the Morrisons forecourt in Beaufort Road, in Ebbw Vale.

It was selling petrol at £1.127 per litre and diesel at £1.147 per litre.

As of yesterday, the cheapest petrol and diesel in Caerphilly was being sold at the Asda petrol station in Cliff Road, Blackwood.

The forecourt was selling petrol at £1.137 per litre and diesel at £1.147 per litre.

RAC fuel spokesman Simon Williams said: “The wholesale price of fuel has fallen in the last fortnight so it’s good to see this being quickly passed on by retailers. Wholesale prices have come down by two pence per litre litre as a result of the cost of a barrel of oil reducing to the $50 mark for the last two weeks combined with a boost in the value of the pound against the dollar.”

An Asda spokeswoman said: “Asda is well known for its low fuel prices across Newport and we consistently offer drivers the lowest fuel prices nationwide.

“We always aim to be the first retailer to drop prices and the last to put them up.”

A Tesco spokeswoman said: “We know that low fuel prices are important to our customers so, like all major fuel retailers, we have a local pricing policy to provide great value to shoppers in Gwent.”

Morrisons were contacted for comment.