Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


BP Drops Fuel Prices A Further 2 Cents

For Immediate Release
13 April 2000


BP today dropped the price of petrol and diesel by two cents a litre as world oil markets continue to ease - the second decrease in less than a week.

The lower prices, which take effect immediately, drop petrol at most BP company-owned service stations in the main cities to 95.9 cents a litre for Unleaded 91, $1.009 for Premium Unleaded and 62.5 cents for diesel.

This latest round of price drops is due to OPEC’s (Organisation of Petroleum Exporting Countries) recent decision to produce more oil. In the past fortnight the crude and product markets (the market for ready-made petrol and diesel) have dropped the equivalent of around six cents per litre.

BP Managing Director Peter Griffiths said today’s decrease (the fifth in less than three weeks) is further evidence that BP is playing fair by its customers.

It is too soon to tell how much further the crude and product markets would drop, he said.


For further information, please contact:
Jane Diver, Communications Manager
Phone: 04 495 5656
Pager: 026 105 169
Mobile: 025 575 668

© Scoop Media

Business Headlines | Sci-Tech Headlines


Fish & Game Support: Canterbury Officer Of Health Warns On Nitrates In Water

"Nitrate testing of 114 drinking water samples from across the Canterbury plains showed that more than half of them were above the level considered safe in the world's largest ever study on the impacts of nitrates in drinking water." More>>


Partnerships Investment Round: Government Invests In Cancer Research, Pines, Ryegrass

The Government will invest $14.4 million into transformative new scientific research programmes including cutting-edge cancer treatment and vertical farming, Research, Science and Innovation Minister Megan Woods announced today. More>>


Stats: Net Migration Remains High

“Since late 2014, annual net migration has ranged between 48,000 and 64,000,” population indicators manager Tehseen Islam said. “The only previous time net migration was at these levels was for a short period in the early 2000s.” More>>


Retail: Costco To Open First NZ Store At Westgate In Auckland

American multi-national discount store operator Costco Wholesale is planning to open its first New Zealand store at the Westgate shopping centre in Auckland’s north-west. More>>


RNZ Report: Fungal Disease Claims Life Of Seventh Kākāpō

A seventh kākāpō being treated for the respiratory disease aspergillosis has died. Nora 1-A was just over 100 days old and was the sickest of the kākāpō being treated at the New Zealand Centre Conservation Medicine at Auckland Zoo. More>>