Gull holds prices down for Father’s Day
Gull holds prices down for Father’s Day in response to all-time high pump prices
Auckland, 31st August 2018
At least one of the oil giants increased their prices earlier this week by three (3) cents a litre across petrol and diesel in response to rising international oil prices and a volatile NZ dollar, however Gull announced today they will not immediately respond in kind.
Gull Pricing Analyst, Rohan Mehta explained, “The latest hike has resulted in the highest-ever recorded petrol price of $2.329 per litre in New Zealand. The Auckland region will feel the effects of this latest hike even more due to the regional fuel tax pushing prices even higher.”
“Despite these market pressures, it’s Father’s Day this Sunday, so we are raising a toast to all the Fathers around New Zealand and are committing to holding our pump prices down across our company operated retail and unmanned network at least for the weekend.”
“We will watch the markets over the next few days and review our prices on Monday 3rd September 2018 and make an informed decision,” added Mehta.