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


BP Takes Fuel Under $1

17 April 2003
News Release

BP Takes Fuel Under $1

BP has today dropped the price of petrol and diesel by four cents a litre due to increased stability in world markets as an end to conflict in the Middle East draws nearer.

BP’s prices are now the lowest they have been since November.

BP Managing Director Peter Griffiths warned that prices could still go either way in the coming weeks. We encourage motorists to take advantage of the lower prices while they can.

“BP will keep passing on the benefits of lower crude prices to motorists as quickly as possible, Mr Griffiths said.”

BP has brought motorists a decrease of 16 cents at the pump in the last month.

Petrol prices at most BP owned service stations have dropped to 99.9 cents per litre for Unleaded 91, $1.049 for Premium Unleaded and 59.9 cents for diesel.

Regions already enjoying discount pricing may see a smaller decrease or no change at the pump.

- ends -

There are 250 independently-owned BP service stations in New Zealand.
They buy their fuel off BP at a wholesale price and by law must set their
own pump prices.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. 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>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. 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>>