Petrol price hike sees 6c rise

Petrol and diesel prices have been raised another six cents at three of the major oil companies, taking them close to record highs.

BP raised its prices this morning to 161.9c per litre for 91 octane, 166.9c for 95 octane and 122.9c for diesel.

Spokeswoman Diana Stretch said the price rise was due to significant increases in the international cost of product.

"Over the last two weeks we've seen a 15 per cent increase in the New Zealand dollar cost of petrol," she said.

Shell followed suit just before lunch, matching BP's increase.

Spokeswoman Jackie Maitland said there had been an increasing rise in the cost of both the crude and finished product.

Mobil matched BP and Shell this afternoon, increasing its prices six cents per litre across 91, 95 and diesel.

Prices peaked on Monday last week when BP raised its price for 91 octane to 162.7 cents, then lowered it again the same day. 

- NZPA