Petrol drops 3c a litre

Last updated 13:12 05/11/2012

Relevant offers

Industries

Talent pool shrinking in Christchurch James Cameron's eye on the C-prize - improving drone technology for film More Stockton Mine job cuts expected Climate Justice change position on Maui gas field consent Forman Insulation job losses in Taranaki Auckland University one of 70 affected by faulty Fletcher Building concrete Whitcoulls looks to reconfigure stores, but no new boss yet Apple keeps Buckley Systems busy New car sales up again in April Tribeca Homes put into liquidation

Petrol prices have fallen for the third time in a fortnight, as international prices continue to ease.

BP led this morning’s price cut, lowering petrol prices by 3 cents a litre. Regular unleaded petrol now costs $2.089 a litre at most company owned stations, BP said.

Z Energy matched the cut almost immediately.

Diesel prices were unchanged.

“The cost of international product prices has been on a downward curve over the last couple of weeks,” BP spokesman Jonty Mills said. “This, coupled with the continued overall strength of the New Zealand dollar, is the combination that has allowed us to pass on these reductions consecutively.’’

Petrol prices are now at their lowest level since late July.

Ad Feedback

- BusinessDay.co.nz

Comments

Special offers

Featured Promotions

Sponsored Content