Petrol prices head down
A strong New Zealand dollar and declining barrel prices led to a drop in the price of petrol today.
Both BP and Z Energy this morning decreased petrol by 2 cents a litre, the first change in a fortnight.
But while Z had no change to diesel prices, BP dropped diesel by 2c a litre.
A litre of 91-octane is now priced at 217.9 cents.
Diesel remains at 149.9c at Z, though has dropped to 147.9c at BP.
Z said declining barrel prices and continued strength in the New Zealand dollar had allowed for the decrease at the pump.
This followed a drop of 2c a litre two weeks ago, as commodity prices for petrol fell.
AA PetrolWatch spokesman Mark Stockdale said at the time of the last change there was room for a 4c drop, having earlier called for prices to be cut.
But diesel margins had fallen and so change was expected, he said.
This story has been updated to correct the diesel prices.