• The supply chain is operating smoothly, and fuel is continuing to flow into the country as expected.
• Fuel importers have provided good confidence through confirmed orders to mid-June, with planned orders extending into July.
• Overall fuel stocks remain well above the minimum requirements.
• The latest data (as at 11.59pm on 3 May) shows petrol stocks were at 49.3 days’ supply. Diesel supplies were at 47.7 days, and supplies of jet fuel were at 55.1 days.
• Since the last update petrol stocks have decreased by 3.2 days, diesel stocks have decreased by 5 days, and stocks of jet fuel have decreased by 3.6 days.
• The drop in diesel supplies follows an update in which supplies increased, as tankers unloaded. Stocks are still high, so it would be normal to see a run of reductions in total stocks over the next few updates.
• Stock movements reflect the usual shipping patterns and routine variations we would expect to see even without the conflict in the Middle East.

As at 11:59pm on Sunday 3 May, fuel companies confirmed the current fuel stock level (as days’ cover) as:

*Totals may not sum due to rounding. These numbers represent our data at the time of publication.

Fuel stocks naturally rise and fall each week as fuel is used and new shipments arrive. Current fuel levels are broadly in line with normal levels before recent global disruptions, and fuel supply remains normal.

Fuel companies continue to report regularly to officials, and there are currently no concerns about future fuel shipments.

MBIE receives fuel stock and shipment data from fuel importers twice a week. This information is published on the MBIE website on Monday and Wednesday afternoons and shows fuel supply at a specific point in time.

The updated MBIE news item can be found here: https://www.mbie.govt.nz/about/news/fuel-stocks-update

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