BP Forced to Raise Prices
Rising international prices have forced BP to increase the price of petrol by three cents and diesel by two cents a
litre today.
BP Managing Director Peter Griffiths said “Unfortunately international product prices have continued to rise and the
strengthened dollar has not been enough to offset the rise and prevent an increase at the pump.”
“International oil and product prices have continued to climb on the back of low US stocks. Oil production has also been
disrupted because of Hurricane Claudette, which has forced the closure of platforms in the Gulf of Mexico.”
“We promise to deliver the best prices we can to our customers. In this instance we have been forced to raise the price
at the pump.” he said.
Petrol prices at most BP owned service stations will increase to $1.089 per litre for Unleaded 91, $1.139 for Premium
Unleaded and 61.9 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.