The price of unleaded petrol will go up by 1c per litre from tomorrow, Enemalta has announced. The price for gasoil for heating will rise by 2c.  

 

Product

Previous Maximum Retail Price      (Eur/ltr)

Revised Maximum Retail Price          (Eur/ltr)

Change         (Eur/ltr)

Unleaded

€1.47

€1.48

€0.01

Diesel

€1.38

€1.38

No Change

Kerosene

€1.38

€1.38

No Change

Gasoil for heating

€1.05

€1.07

€0.02

 

The corporation said the above prices reflected the prices  for the latest shipments of imported fuel. 

The latest diesel consignment was based on February Platts prices which on average rose by 3.79% over January prices.  In addition to the international product prices, Enemalta also experienced an increase in costs related to its security stocks obligations. While on average the international petrol and diesel prices edged higher during the month of February, the euro currency strengthened slightly against the US dollar and this explained the stability brought about in February prices with respect to diesel.

With respect to unleaded petrol, the price increase was primarily brought about by the increase in the security stock fees and product density adjustment factors.

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