Petrol prices drop 2 cents a litre

Last updated 11:03 05/08/2014

Relevant offers

Money

More renewable power on tap in first six months of 2017 Has Kiwisaver saved us? NZ's saving habits before and after Loan companies banned over unreasonable fees NZ cities prepare for the dollars and excitement of another Lions Tour To tip or not to tip, that isn't the question How an 'average guy' can save for a comfortable retirement To tip or not to tip? An American in New Zealand weighs in Five fictional families show how different Kiwis save, and how they can save better To start saving, you first need to know everything about what you're spending We've been playing Monopoly wrong - it's a protest against the rich

Petrol prices have fallen because of lower costs and a strong New Zealand dollar.

BP and Z Energy today dropped petrol prices by 2 cents a litre.

A litre of 91-octane petrol now costs 219.9c at their outlets, while premium costs 228.9c.

Z Energy said the price drop was because the international price for crude oil was down and the kiwi was up.

Automobile Association PetrolWatch spokesman Mark Stockdale said the AA had called for the price drop last week and was pleased the fuel companies had followed through.

"They've done exactly what we expected them to do."

Other companies were expected to follow suit today, he said.

Diesel prices are not expected to fall because the commodity price has not fallen.

Ad Feedback

- Stuff

Comments

Special offers

Featured Promotions

Sponsored Content