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

 

Caltex Drops Petrol Price 3c A Litre

Caltex New Zealand Ltd has announced a price drop of 3c a litre on both grades of petrol which is effective immediately.

The main reasons for the price reduction are the drop in crude oil prices worldwide and the decline in the refined costs of petrol.

“Caltex is keen to pass on the benefits of a cost reduction to motorists as soon as possible,” said Bruce Hollett, General Manager, Sales.

Mr Hollett however warned that there was still considerable market uncertainty, and that Caltex would be monitoring trends closely.

ENDS

For further information, please contact:

Bruce Hollett, General Sales Manager
Caltex New Zealand Ltd
Work: 495-6005
Mobile: 021 854 739

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

"Broad-Based Growth": GDP Rises 1 Percent In June Quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years. More>>

ALSO:

Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>

ALSO:

Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>

ALSO: