ALL petrol grades have breached the $2 mark, hitting 21/2-year highs, following the latest price increase of four cents a litre last Friday.
The last time petrol was in the $2 territory across the board was in 2008.
A litre of 92-octane petrol, the cheapest grade, is now $2.017. The 95 grade costs $2.077, and the 98-octane, between $2.13 and $2.15.
Shell's V-Power, marketed as an 'ultra-premium 98', is the costliest fuel at $2.359 a litre, while Caltex's rival Platinum 98 is now at $2.215.
Diesel, used by taxis and commercial vehicles, is now between $1.60 and $1.603 a litre. All prices are before various discounts.
The price spiral comes on the back of rising crude oil rates, which in turn has been driven by the unrest in the Middle East and North Africa.
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