Swedish petrol hits record high

The cost of Swedish petrol has gone up to over 14 kronor per liter since the leading petrol companies raised prices on Monday.

’95’ petrol has gone up by 20 öre to 14.9 kronor per litre, a record high. Prices have been steadily rising since mid-April this year.

The cost of diesel fuel went up on Monday by 10 öre to 14.79 kronor per liter, which is also a record.

At the same time, the cost of American crude oil went down by 86 cents to $134 per barrel. This follows Saudi Arabia’s promise to boost production levels in order to bring down record prices.