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Petrol price up 6c

The price of unleaded petrol has gone up 6c, that of diesel and kerosene 3c, Enemalta said.

Product

Previous Maximum Retail Price

Revised Maximum Retail Price

Change

Unleaded

€1.45

€1.51

€0.06

Diesel

€1.36

€1.39

€0.03

Kerosene

€1.36

€1.39

€0.03

Gasoil for heating

€1.03

€1.03

No Change

The corporation said the latest geopolitical tensions, including the west’s standoff with Iranover its nuclear programme and fears of supply of disruptions elsewhere meant a rather steep and fast increase in the price of oil in the first quarter of the year.

Brent prices in the first quarter averaged at $118 a barrel compared to $105 a barrel recorded during the same quarter of last year, the corporation said.

 

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