Check back every week to find out the petrol prices for the next week! Oil refinery output By fuel type, 1974–2019; Consumption of oil By fuel type, 1974–2019; Consumption of oil By fuel type, 2019; Price of Dubai Crude oil expressed in New Zealand dollars January 2005–2020, NZD per barrel; End use of fuel for the retail trade industry By fuel type, 2017, terajoules; Fuel purchased by the retail trade industry By purchasing location, 2017, terajoules Coronavirus: Petrol prices expected to fall For comparison, the average price of gasoline in the world for this period is 1.83 New Zealand Dollar. ... NZ petrol prices plummet as crude oil sinks. In New Zealand, Z Energy has cut petrol prices by 7 cents a litre across most of its Caltex and Z retail service stations. This page is an online community so that we can all benefit from the best deal on petrol prices NZ wide UPCOMING. The national price of 91 octane is now below $2/litre for the first time since August 2017 (although it came close in December 2018). 10/03/2020. Gasoline prices per liter, octane-95: We show prices for New Zealand from 12-Oct-2020 to 18-Jan-2021. But after a spate of price cuts in the first half of March, things have been pretty stable at the pump in the last few weeks. A rise in the cost of petrol is just one change taking place from July 1, 2020. 16/03/2020. However, we note that not all service stations have dropped their prices by the same amount as the national price, and these seem to be retailers that are charging below the national price. Petrol prices are plummeting as New Zealand passes the halfway mark of the four-week lockdown. So far this month, the national petrol price has fallen 15cpl, and a total of 27cpl since the start of the year, while the national diesel price has only dropped 14cpl in the last 2+ months, despite similar drops in the diesel commodity price. Stuff reached out to Mark Stockdale, AA's PetrolWatch Spokesperson who said that, going forward it's "hard to say what might happen. The price of fuel varies enormously around NZ. Let's pressure petrol companies not to take unwarranted profits. Although they appear to have reduced prices, but just not by 16cpl. READ MORE: * After a decade-long debt binge, Coronavirus has slayed the oil industry * Government loosens rules to allow online delivery of essential appliances and devices like laptops and heaters * AA expects price drop as Z, BP and Mobil move to display price of premium fuels * Cheap fuel finally hits Wellington as Waitomo petrol station opens. Auckland joined the higher priced regions after the introduction of the regional fuel tax on July 1. Whereas the imported cost of diesel has fallen by nearly 18cpl, and yet the national diesel price has only fallen by 8cpl, which is unusual. Mobile: *222, Three features designed to make cars tougher, Cars Petrol prices NZ. MBIE maintains a weekly monitoring service of retail Unleaded 91 prices and some of the components built into the pump price. Canterbury. Gull Mayfair. Add roughly 20 cents for the full pump price. By contrast, the diesel landed cost has fallen 35cpl since 1 Jan and national pump prices are … While the commodity price for refined fuels has also fallen, it is priced higher than the oil price, but even then it only makes up about a quarter of the pump price, which limits just how much pump prices can fall. Although the prices are different, price movements remain the same. In total, during March so far, the national price of petrol and diesel has fallen 34cpl. "I would ask the opposition, what are they going to cancel," said Ms Ardern. "Singapore is the key trading market that all of the New Zealand refined prices are really based on." New World Hastings. These figures are when various discounts are applied. In terms of diesel prices, NPD St Vincent St and Parkers Rd were the winners again at $1.09, while the most expensive was a tie between NPD Port Nelson Fuel and BP Haven Rd at $1.16. stuff.co.nz. Petrol Price Watch NZ. Petrol and diesel prices as at 30 April 2020. Since the beginning of the year the landed cost of petrol (commodity price converted to NZ$) has fallen approx. Fuel prices - Petrol Unleaded 93. Petrol Prices are all over the show. The National Party wants the Government to put off a four cent petrol tax increase and the road user charges scheduled to begin in July. This is largely due to rapidly declining demand as people across the country use their vehicles less. Hawke's Bay. According to the Ministry of Business, Innovation and Employment, the average price for petrol in Auckland has dropped from around $2.28 per litre at the start of 2020 to $1.83 as of April 3. Both of these events didn't last, with pump pricing steadily rising in the following weeks. 44 likes. And it probably hasn't dawned on him it costs to get fuel from source to supply pump. CardLink PriceWatch provides a snapshot of the fuel transaction prices throughout New Zealand. Here are some others: Petrol Prices and Road User Charges. R 14.26. Indeed, data of weekly traffic flows in Auckland, Wellington, Christchurch, Hamilton and Dunedin shows that, compared to the previous year, traffic is down between 74 and 82 per cent. Few people are driving so few people are buying fuel. Petrol and diesel prices as at 10 March 2020. But contrast that with Christchurch, where prices have been falling – at some brands 91 is below $1.50/litre. Overall, since the start of the year the landed cost of petrol (converted to NZ$) has fallen by 16cpl, and the national price has fallen by the same amount. By RNZ • 18/05/2020 Search Driven for vehicles for sale Photo / Getty Images. Fuel price trends - Petrol Unleaded 93. Average petrol prices in the June quarter 2020 fell to their lowest level in 21 years in real inflation adjusted terms as a result of the COVID-19 pandemic, but gross retail margins remain at record highs. "Globally, commodity prices have stopped falling and in the past week have actually risen again. $1.69 7. Jacinda Ardern outlines where Kiwis could travel in 2021, Woman charged over death of world champion kayaker in crash near Nelson, DIY campervan explodes without warning at Marlborough campsite, Lance corporal admits drugs charges but avoids prison, Recap: PM says Covid vaccinations to begin as soon as supply arrives in NZ, Quiz: Afternoon trivia challenge: January 26, 2021, Teenager found dead in swimming pool of Christchurch home, Nelson cafe owner takes Covid precautions up a notch, Mystery surrounds 'abandoned' car left on central Auckland street for six months, New $19m cycleway plan will 'annihilate' bakery business, owner says. R 14.69. $1.41 9. Petrol prices and parental leave: The upcoming rule changes from today. CURRENT. We don’t know how these service stations determine their lower prices, but unlike the national price, it doesn’t seem to be benchmarked to the commodity price, but rather some other factors (like local price competition). Petrol and diesel prices went to this level in September 2018. 43cpl with the national pump price dropping 46cpl in that time. 3.02 %. According to the AA's March 2020 petrol and diesel prices report, since the beginning of the year the landed cost of petrol has fallen roughly 43 cents per litre with the national pump price dropping 46cpl in that time. 06 Jan 2021. The MBIE figures show the bulk of the price reductions are coming from lower importer costs, with a little tax break involved. See also: Historical Movement of Petrol Prices In Malaysia for year 2017. USA: Fuel truck crash closes SR-555. Petrol prices: National wants Government to delay 4c tax increase. 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