Petrol prices drop 2 cents a litre

Last updated 11:03 05/08/2014

Relevant offers

Money

FMA warning over UK pension ‘press-gang’ Auckland reverend jailed for tax evasion More Aucklanders can't afford heating Cure your Christmas spending hangover Banks muscle in on finance company space Auckland property market gains expected Interest hike deemed unlikely Franchisee fed up as assurances fall flat BNZ warns customers to beware scammers Allan Hawkins firm charged by Commerce Commission

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