Petrol creeps to record

The price for 91 octane is now on a par with the record petrol cost of $2.19 which was last hit in July 2008. BP, Shell and Caltex yesterday lifted their prices by 3c a litre to $2.1899.

A Mobil spokesman said it would not be far behind the other major suppliers and would assess the situation this morning.

Gull is undercutting the big players, selling its 91-octane bioethanol-petrol blend for $2.14.