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Shell Drops Price For Third Time

MEDIACOM-RELEASE-SHELL

Shell Drops Price For Third Time

Shell New Zealand is reducing fuel prices by another cent, effective immediately (7 April).

This is the third time Shell has reduced petrol prices in just over a week.

Falling prices for crude oil, and a drop in costs for finished fuel have allowed Shell to pass on further cost savings to motorists.

The latest reduction means that average prices in Auckland, Wellington and Christchurch are 97.9 cents for 91 octane and $1.02 for 96 octane.

Diesel prices have also moved down to a new, post-OPEC low, in the latest price reduction round.

"Shell is committed to ensuring that motorists instantly reap the rewards of falling international oil prices, and will keep passing on further reductions as oil prices continue to drop. It is Shell desires to see prices drop below the one dollar range."

ENDS

MEDIA RELEASE FROM SHELL NEW ZEALAND

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