Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

Shell drops petrol back under $2 per litre

Attention Newsroom: Press Release by Shell New Zealand

Petrol is back under $2 per litre after Shell decreased Ultra 91 by 3 cents per litre (cpl) at 5pm tonight. Shell has also decreased diesel by 8 cpl making it 171.9 cpl.

"We have been reviewing prices daily, and despite a steady fall in the Kiwi dollar over the last week, we have seen enough drop in the price of crude to be able to pass on these savings to Kiwi motorists."

Shell's national pump prices are:

• Shell Ultra 91 199.9
• Shell V-Power (95) 204.9
• Shell Diesel 171.9

Background info:

In the last month, Shell has lead petrol and diesel price decreases five and four times respectively.
Since the beginning of August, the Kiwi dollar has dropped in value by roughly 5%; as Shell buys its fuel in US dollars, that translates to roughly a 5.5cpl increase in the cost of crude and refined oil.

ENDS

Internet: www.shell.co.nz

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.