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Oil pump - Source: Reuters -
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The four major petrol companies have raised their prices 5c a litre this week.
Caltex public affairs manager Sharon Buckland says Caltex lifted its prices partly because of the lower New Zealand dollar, but "mostly because of 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% during February, with refined diesel up 10% - reducing oil company importers' margins.
The price of 91 octane petrol at BP, Caltex, Mobil and Shell stations is now $1.78 a litre.
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