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

 


Gull declines to move again until Monday

Media Advisory

Second Petrol Price Increase for the Week
Regular Price within 2 cents per litre of record
Gull declines to move again until Monday

Auckland, 30 August 2013 –

With further increases in crude oil and refined fuel ex Singapore; and a continually low kiwi dollar, petrol prices at some major oil company branded outlets have increased to $2.249 per litre for Regular 91 Octane Petrol this morning.

This will be the second increase this week and represents a seven cent per litre increase in five days. This price is two cents per litre below the $2.269 cents per litre record high price (for main centres) set in late June this year.

Gull confirms its petrol price will not move up prior to Monday morning at the earliest.

Gull’s response has been to decrease prices at approximately one third of its outlets.

No Gull company controlled station is selling regular grade petrol above $2.189 per litre, with the lowest price being $2.129.

Over half of Gull company controlled outlets are selling regular grade petrol below $2.169; an eight cent per litre saving over the new prices being posted today.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

f work for Pumpkin Patch staff

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news