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

 

BP drops fuel prices nationwide


News Release
25 September 2001


BP drops fuel prices nationwide

BP has dropped its wholesale petrol price by six cents and diesel prices by two cents following an easing off in world oil prices.

The price decrease, which has immediate effect, lowers prices at most BP owned service stations in the main cities to $1.06.9 per litre for Unleaded 91, $1.11.9 for Premium Unleaded and 78.9 for a litre of diesel.

BP Managing Director Peter Griffiths said BP was reacting to a fall in international oil prices brought about by falling global economic confidence and reassuring comments by OPEC over continuity of oil supply.

Mr Griffiths stressed that motorists could expect a lot of price volatility in the near future with the possibility of a series of price rises and falls.

“It is very difficult to make predictions at this time as any statements can be rapidly overtaken by international events,”Mr Griffiths said.

- ends -

BP’s media releases can be found at www.bp.co.nz

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: