BP Honest Decision

BP announced about its adding 1p to the cost of a litre of unleaded petrol at 300 of its 1,300 service stations.

On its opinion it reflects a $7 a tonne rise in the international price of petrol in the past three days and a rise in the dollar's value against the pound.

The increase brought most of its cheapest unleaded up to 73p a litre, with a company-wide average price of just over 74p.BP was the only oil company to announce a move when others have quietly made in recent days.

The Asda, Safeway and Morrisons supermarket chains had taken similar action to raise the bottom end of their petrol prices.

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