Fuel price up in March
Disruptions caused by the conflict in Gaza and attacks on oil tankers in the Middle East have increased the prices of all fuel for March.
Petrol takes the highest climb. The price of petrol is up by 11.8 sene per litre, going from $3.12 to $3.34 sene per litre.
Diesel will retail at $3.43 sene per litre, up by 10.6 sene while kerosene now costs $3.02 sene per litre from $2.98 sene per litre, up by 4.1 sene.
According to market analysts, the continuing fighting in Gaza is affecting fuel prices worldwide. While the increase is not substantial, there could be a likelihood of a ripple effect impacting freight and other related costs.