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Further increase in petrol prices

Icelandic State Radio RÚV reports that the association of Icelandic car owners, FÍB, has criticized the latest increase in petrol prices in Iceland. FÍB rejects claims by the three big oil companies of Iceland, Skeljungur (Shell), Esso, and Olís, that the increase was necessary because of a global price increase. The smaller Atlantsolía, which regularly offers the lowest petrol prices in the country, did not raise their prices yesterday but were considering their position.<?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” />

One liter of petrol at self-service stations in the Reykjavík region at the big three companies is now almost 112 krónur, just over $2.

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