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


Relief for Diesel Drivers as BP Reduces National Price

Relief for Diesel Drivers as BP Reduces National Price Below $1

BP decreased its national diesel price by six cents per litre, bringing diesel prices below one dollar on Friday.

BP Communications Manager Shelley Brady said further decreases in refined product costs for diesel had enabled BP to pass through the decrease across its company-owned network.

“We have removed 20 cents from BP’s national diesel price in a little over a month and this marks the sixth decrease we have had for diesel fuel since early December,” she said.

“International demand for diesel has continued to ease, so we are happy to have been able to have been able to pass on some significant savings to our diesel customers.

“We saw the Kiwi dollar drop further today which is unfortunately offsetting some of the cost of product improvements we are seeing.

“We don’t know exactly what the future will look like, but the NZ dollar remains volatile so we are watching for any exchange rate movements very closely,” Brady said.

BP has removed 11 cents from the national price of unleaded since early December but with little movement in refined product costs, BP is holding its current price for unleaded 91 at this stage.

“We monitor our prices every day and will continue to pass through decreases whenever we can.”

BP national prices as 11 January 2016:

91 Unleaded 184.9 cents per litre

95 Unleaded 193.9 cents per litre

Ultimate 98 201.9 cents per litre

Ultimate Diesel 99.9 cents per litre

- Ends -

© Scoop Media

Business Headlines | Sci-Tech Headlines


Non-Giant Fossil Disoveries: Scientists Discover One Of World’s Oldest Bird Species

At 62 million-years-old, the newly-discovered Protodontopteryx ruthae, is one of the oldest named bird species in the world. It lived in New Zealand soon after the dinosaurs died out. More>>

Rural Employers Keen, Migrants Iffy: Employment Visa Changes Announced

“We are committed to ensuring that businesses are able to get the workers they need to fill critical skills shortages, while encouraging employers and regions to work together on long term workforce planning including supporting New Zealanders with the training they need to fill the gaps,” says Iain Lees-Galloway. More>>


Marsden Pipeline Rupture: Report Calls For Supply Improvements, Backs Digger Blame

The report makes several recommendations on how the sector can better prevent, prepare for, respond to, and recover from an incident. In particular, we consider it essential that government and industry work together to put in place and regularly practise sector-wide response plans, to improve the response to any future incident… More>>


Oil Scare: Trump Authorises Use Of Emergency Crude Stockpile

The New Zealand dollar fell against the US dollar after President Donald Trump authorised the use of the country's emergency crude stockpile after the weekend attack on Saudi Arabia’s major oil facilities. More>>