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Thin Fuel Oil prices increase, remaining fuel prices untouched
Enemalta corporation announced the revisions in fuel prices yesterday afternoon, effective as from today. No increases in price were registered for unleaded, diesel, kerosene and gasoil for heating.
1 February 2011, 12:00am
Miriam Dalli
Miriam Dalli
1 min read
In a statement, Enemalta said the revisions reflect the prices fetched by the corporation for the latest shipments of imported fuel.
"The January Unleaded consignment was based on December Platts prices which on average were higher than the previous delivery pricing basis," Enemalta said. "Still stability in prices was brought about by favourable exchange rate movements."
There were no diesel consignments during the month of January and unchanged prices reflect movements in exchange rate and stock levels.
Petrol Platts prices (CIF Med, Prem Unl 10ppm) increased by 5% from an average price of $836/MT in December 2010 to an average level of $877/MT in January 2011 whilst the Diesel Platts prices (CIF Med, Diesel 10 ppm) increased by 5.5% from an average level of $800/MT in December 2010 to an average price of $844/MT in January 2011.
Miriam Dalli joined MaltaToday.com.mt in 2010 becoming assistant editor f...
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If only we had the biofuel plants proposed by Applied biofuels up and running already in Malta! For if we did these fuel prices for unleaded gasoline and diesel would be 50% lower!
Roll on these projects coming to Malta this year.
