INDEPENDENT NEWS

BP Urges Customers to Fill Up at Old Prices

Published: Mon 19 May 2003 01:32 PM
BP Urges Customers to Fill Up at Old Prices
BP is giving customers an opportunity to fill up today before they are forced to raise prices as a result of increased international oil prices.
Increasing international crude and product prices has forced BP to lift the price at the pump. BP will reluctantly increase the price of petrol and diesel by five cents a litre at midnight tonight.
BP Managing Director Peter Griffiths said “we encourage customers to fill up today. Unfortunately we have been forced to lift pump prices as the strengthened dollar has not been enough to offset the increase in international product prices.
“We promise to deliver the best prices we can to our customers. In this instance, we have to raise the prices at the pump, but are keen for our customers to fill up their tanks before the increase takes effect.” he said.
The cost of crude has increased steadily over the past few weeks as OPEC cut production and the lower than expected US inventories ahead of the driving season were reported.
Petrol prices at most BP owned service stations will increase to $1.029 cents per litre for Unleaded 91, $1.079 for Premium Unleaded and $0.629 cents for diesel. The wholesale price charged to independent dealers will also increase at midnight tonight.
Regions that have been enjoying discount pricing will see a larger increase at the pump.

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