The price of unleaded regular petrol is expected to slip below $2 a litre again soon, for the first time in nearly two years.
Consumers are now paying 17c less a litre at the pump on average than a month ago as the price of Brent Crude oil plummeted to US$96.16 a barrel, down from US$108.81 in May. Several service station chains cut the price of their 91 petrol yesterday.
BP and Z Energy cut 3c from regular 91 and are now charging $2.02, down from the high of $2.18 last month.
Gull cut its charges for 91 to under $2 at $1.99.
- © Fairfax NZ News