Petrol prices fall again

Last updated 13:00 20/06/2012

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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.

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- © Fairfax NZ News

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