The price for 91 octane is now on a par with the record petrol cost of $2.19 which was last hit in July 2008. BP, Shell and Caltex yesterday lifted their prices by 3c a litre to $2.1899.
A Mobil spokesman said it would not be far behind the other major suppliers and would assess the situation this morning.
Gull is undercutting the big players, selling its 91-octane bioethanol-petrol blend for $2.14.
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