Sweden’s leading fuel companies on Tuesday raised their guideline price – the recommended price at manned fuel stations – of unleaded petrol (gasoline) to 18.09 kronor per litre ($2.10).
That’s an increase of 0.20 kronor in just one day.
In two days, the price of petrol has gone up by 0.35 kronor per litre in Sweden, reports Swedish news agency TT.
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The price of a litre of diesel also got more expensive on Tuesday, a 0.15 kronor increase to 19.37 kronor – the same as last week’s record for diesel.
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The reason for the hikes is a global rise in market prices for oil, currently at a three-year high. Diesel is particularly affected because it contains more biofuels, due to policies aimed at protecting the environment, and these are more expensive than fossil fuels.
A barrel of North Sea oil, Brent crude, today costs around 86 dollars.