Petrol up by 8toea, diesel, kerosene price rise


PRICES for petrol, diesel and kerosene in Port Moresby increased this month, according to the Independent Consumer and Competition Commission.
Petrol price went up by 8toea to K2.91 from K2.83 last month.
Diesel increased by 1toea to K2.27 from K2.26.
Price of kerosene went up by 2toea to K2.19 from K2.16 the previous month.
The commission said there were increases in the Singapore product prices of petrol, diesel and kerosene.
Commissioner and chief executive officer Paulus Ain said the increases came about as a result of an increase in the global crude oil prices.

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