Volkswagen has now announced that it has increased its premium gasoline prices by 10.4%, bringing them up to 9.9 cents a litre.
This is a 5.4% increase from the 9.8 cents it is offering in November.
The premium gasoline market has been in free fall since the beginning of this year.
The diesel fuel prices have also been rising in line with the rise in gasoline prices.
The petrol market will remain competitive for a while longer as it will not be impacted by the diesel price rise.
Volkswagen has also reduced the prices of its premium diesel fuel by 3.5%.
It has also lowered the price of petrol and diesel fuel to around 9 cents a gallon.
This means that the premium diesel prices have been reduced by around 7%.
What are the costs of petrol, diesel fuel and gasoline?
The cost of petrol is about 50 cents a liter and diesel has a cost of around 30 cents a tank.
Volkswagen has now started lowering the prices for petrol and the diesel fuel at the pump.
The average price of diesel fuel will remain the same from October until March 2021.
However, diesel prices are expected to rise slightly.
The price of gasoline will also remain at the same level until 2019.
Why is the cost of gasoline higher?
The cheapest gasoline is about 16 cents a L, while the most expensive gasoline is over 40 cents a l.
This increases the cost to a maximum of about 75 cents a quart.
This makes the petrol prices more expensive.