Supermarkets are set to cut up to 3p per litre off fuel prices from Tuesday, April 16.
The news comes after Asda announced it would cut fuel prices by up to 2p per litre.
This led to a price war between the other supermarkets.
Sainsbury’s said it will also cut 2p off petrol, Morrisons is cutting up to 3p a litre off petrol and 1p off diesel, and Tesco will also cut 2p off petrol.
At present in Lincoln, the average price of petrol is 135.9p, and 139.1p for diesel, according to Petrol Prices.
The cheapest place to get fuel in the city is Asda, followed by the Winning Post Service Station on Carholme Road and Morrisons.
Asda Petrol Trading Director Andy Peake said: “From tomorrow, everybody filling up at an Asda fuel station will pay no more than 133.7p per litre for unleaded, unlike some of our competitors whose prices vary across their forecourts by up to six pence per litre more.”
Mark Todd, Petrol Director for Morrisons, said: “A drop in wholesale prices combined with an improved exchange rate has provided us with an opportunity to pass a saving on to customers and continue to offer some of the lowest prices on the market.”