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


BP Leads Further Price Reduction at the Pumps

BP Leads Further Price Reduction at the Pumps

BP has this morning led a national price reduction on petrol and diesel at its company owned stores.

BP has decreased the price of 91 unleaded petrol by 3 cents per litre and diesel by 2 cents per litre, bringing the price of 91 unleaded at BP owned service stations to under $2 per litre.

91 Unleaded $ 199.9 cents per litre ($1.999)
95 Unleaded $ 208.9 cents per litre ($2.089)
Ultimate 98 $ 216.9 cents per litre ($2.169)
Ultimate Diesel $ 119.9 cents per litre ($1.199)

“We understand the impact petrol prices have on our customers, so whenever possible we will pass on price decreases”, BP Communications Manager Shelley Brady said.

“We have seen costs for refined product dropping over the past week so we are happy that we have been able to pass on these savings to our customers.

“This marks the second decrease BP has led this week. A total of 5 cents per litre has been removed from 91 unleaded over the past few days.

“We don’t know what shape the market will take going forward and exchange rates remain volatile, but it’s great that we can pass these benefits through to motorists quickly at the moment,” she concluded.

- ends -

© Scoop Media

Business Headlines | Sci-Tech Headlines


Industry Report: Growing Interactive Sector Wants Screen Grants

Introducing a coordinated plan that invests in emerging talent and allows interactive media to access existing screen industry programmes would create hundreds of hi-tech and creative industry jobs. More>>


Ground Rules: Government Moves To Protect Best Growing Land

“Continuing to grow food in the volumes and quality we have come to expect depends on the availability of land and the quality of the soil. Once productive land is built on, we can’t use it for food production, which is why we need to act now.” More>>


Royal Society: Calls For Overhaul Of Gene-Technology Regulations

An expert panel considering the implications of new technologies that allow much more controlled and precise ‘editing’ of genes, has concluded it’s time for an overhaul of the regulations and that there’s an urgent need for wide discussion and debate about gene editing... More>>


Retail: Card Spending Dips In July

Seasonally-adjusted electronic card spending dipped in July by 0.1 percent after being flat in June, according to Stats NZ. Economists had expected a 0.5 percent lift, according to the median in a Bloomberg poll. More>>


Product Stewardship: Govt Takes More Action To Reduce Waste

The Government is proposing a new way to deal with environmentally harmful products before they become waste, including plastic packing and bottles, as part of a wider plan to reduce the amount of rubbish ending up in landfills. More>>


Earnings Update: Fonterra Sees Up To $675m Loss On Writedowns

“While the Co-op’s FY19 underlying earnings range is within the current guidance of 10-15 cents per share, when you take into consideration these likely write-downs, we expect to make a reported loss of $590-675 million this year, which is a 37 to 42 cent loss per share." More>>