Petrol prices cut twice in week

HAMISH RUTHERFORD
Last updated 09:14 26/10/2012

Relevant offers

Industries

Fox Glacier helicopter company licence suspended after fatal crash Bluff oysters fly out the door, no matter what price Is VDSL broadband as quick as ultrafast broadband in New Zealand? Sanford CEO Volker Kuntzsch defends onboard monitoring cameras Mitre 10 sold more than 400 dehumidifiers at risk of overheating Property buy-up helps boost Stride Property profit by a third Panama Papers: Lax NZ tax laws helping convicted former Kazakh PM to live in luxurious exile Finance diary Deluxe tours and picnics for South Island off-road adventure seekers Union warns enforcement, regulation issues could lead to further quarry deaths

Fuel prices continue to fall, with BP dropping the pump price of petrol for the second time this week.

The company said 91 octane petrol, the most commonly used grade, was being cut by 3 cents a litre to $2.119 at company owned sites. Diesel prices are also being cut by 3 cents, to $1.529 a litre.

"It's a continuation of the decline this week in international product prices," BP spokesman Jonty Mills said.
"This, coupled with the New Zealand dollar remaining relatively strong on the back of the Reserve Bank holding the official cash rate has enabled us to pass on further benefits this week," he added.

BP's rivals are expected to follow suit this morning.

Ad Feedback

- BusinessDay.co.nz

Comments

Special offers

Featured Promotions

Sponsored Content