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BP Reduces Fuel Prices Again


NEWS RELEASE
BP NEW ZEALAND

Jane diver
diverj@az1.bp.com
www.bp.co.nz

BP REDUCES

FUEL PRICES AGAIN


BP has dropped the price of petrol and diesel by 1 cent a litre across New Zealand - the second nation-wide decrease in a week.

The decrease, which took place early this evening (10 November) lowers prices at most BP service stations in the main centres to $1.14.9 for Unleaded 91, $1.19.9 for Premium Unleaded and 85.9cents for Diesel.

Prices across Auckland are currently four cents a litre less than other centres due to fierce competition that has flared up over the past fortnight.

BP’s Managing Director Peter Griffiths said today’s decrease goes against the latest trends in the international fuel markets. World fuel prices have not moved since BP’s last price drop a week ago (3 November) when a barrel of petrol cost NZ$79 and a barrel of diesel $NZ84.

Mr Griffiths said motorists were currently reaping the benefits of a competitive battle between the oil companies.

ENDS

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