Caltex public affairs manager Sharon Buckland told NZPA yesterday evening that Caltex had lifted prices partly because of the lower New Zealand dollar, but "mostly because what is happening in the prices of fuel in the Singapore market".
AA PetrolWatch reported earlier this week that retail fuel prices had remained unchanged since January 19, when they fell 3c a litre across the board.
Crude oil and refined petrol prices rose between 4 and 6 percent during February, with refined diesel up 10 percent -- reducing oil company importers' margins.
The price of 91 octane petrol at BP, Caltex, Mobil and Shell stations is now $1.78 a litre.
