20th October 2000

CALTEX RAISES PETROL PRICE 4C A LITRE

Caltex New Zealand have announced a petrol price rise of 4 cents per litre and diesel 7 cents per litre. The price rise is effective immediately.

Drew Cowley, Caltex New Zealand Pricing Manager, said “A combination of factors have caused the price increments. The two main factors are the current exchange rate and the climb in oil prices due to Middle East conflict.”

ENDS