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


Fuel Price Rise

Increasing refined product costs have resulted in Caltex raising petrol and diesel prices by 5c per litre.

The retail price will take effect this morning at company controlled sites and the wholesale price will increase at midnight tonight.

Input refined product costs have gone up 19% for petrol and 15% for diesel since 11th February which was the last price increase. In addition oil prices have increased more than 24% during the same period.

Niall Kramer, Manager of Brand and Corporate Communications said “We are reluctant to raise the prices but unfortunately these are external economic forces that are beyond our control.”

Mr Kramer said Caltex prides itself on being competitive on pricing but said there are times when it was also necessary to move prices up. This is a volatile environment. We are considering more regular but smaller price moves, probably on an on-going basis by region, instead of large moves such as this one.

This increase takes the price to 108.9c per litre for Vortex regular, 113.9c per litre for Vortex premium and 67.9c per litre for diesel.

Caltex is committed to bringing customers high quality products and competitive prices on an ongoing basis. For information on our products visit

© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>