Record price for petrol, diesel unchanged

25th March 2005, Comments 0 comments

25 March 2005, AMSTERDAM — Market leader Shell raised the price of petrol for the third time this week on Friday, sending the price of fuel in the Netherlands to a record high.

25 March 2005

AMSTERDAM — Market leader Shell raised the price of petrol for the third time this week on Friday, sending the price of fuel in the Netherlands to a record high.

Euro unleaded reached a price of EUR 1.319 per litre on Friday, topping the previous record of EUR 1.315 recorded last October.

The new price for Super Plus is EUR 1.373, compared with the previous record — also measured in October 2004 — of EUR 1.369.

The recommended price of diesel remained unchanged and was costing on Friday EUR 0.995 cents.

The price of crude oil rose to record prices in recent days. But the price of oil is not the only reason for higher fuel costs at the pump.

An increase in demand is expected over the Easter period, placing an upward pressure on prices. Demand always increases at the start of a holiday period.

The price of petrol rose to a record level in New York this week after an explosion at a BP refinery in the US. Fifteen people were killed in the blast.

Crude oil prices closed at USD 54.84 per barrel in New York on Thursday.

[Copyright Expatica News 2005]

Subject: Dutch news

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