Petrol prices drop 2 cents a litre

Last updated 11:03 05/08/2014

Relevant offers

Money

Banks behaving badly, and how to fight back Economy expected to grow strongly in 2017 as confidence overcomes quakes The truth about inequality in New Zealand Owner pleased after historic yacht with $1 reserve sells for $480,000 Businessman tied to ACC bribery in 'dire financial position' Rob Stock: You have a secret cash source Karen Scott-Howman: Customers drive banking innovation Budget Buster: How to nail your 2017 money goals How to survive a mid-life career crisis Left your cash at the ATM? You're paying the Vague Tax

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