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


BP Drops Petrol Prices By 3 Cents

BP this afternoon dropped its petrol prices by up to three cents a litre at its company owned service stations nation-wide.

They will also drop their wholesale price – the price BP charges its independently-owned service stations – at midnight tonight.

The price drop will be less in parts of the country already enjoying discount pricing.

BP Managing Director, Peter Griffiths, said the drop was due to weaker product prices and a stronger New Zealand dollar.

Prices at most BP owned service stations in the main cities are now $1.03.9 for Unleaded 91 and $1.08.9 for Premium Unleaded.

Diesel prices remain unchanged.

- ends -

© Scoop Media

Business Headlines | Sci-Tech Headlines


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>>


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>>


Talking Up The Economy: NZD Gains On PM's Mistaken GDP Comment

Her comments were downplayed by her chief press secretary who said she was referring the government's June year financial statements and had "made a mistake." More>>


Oxfam: Drug Companies Cheating Countries Out Of Billions In Tax

Oxfam’s analysis suggests these four companies are shifting profits out of countries where they do their business and into tax havens that charge little or no tax. More>>