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Mobil reduces petrol price by 3 cents a litre

For immediate release 26 September 2000

Mobil reduces petrol price by 3 cents a litre

Mobil Oil New Zealand will reduce petrol prices at its company-operated sites by as much as 3 cents a litre, a company spokesperson confirmed today.

The spokesperson said the reduction followed the decision of the US Government to release 30 million barrels of oil from its strategic reserves as well as a slight firming of the New Zealand dollar.

The reduction would apply to both grades of petrol, and will be applied across the country in the course of the day.

The price of diesel will remain the same, the spokesperson said.


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