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16 Apr 2025 12:13
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      Home > News > Business

    Geopolitics is making our fuel cheaper

    Geopolitics is making our fuel cheaper


    According to fuel price tracking app Gaspy, petrol and diesel prices have dropped by about four percent in the last month.

    Crude oil prices have also plummeted in the wake of US president Donald Trump's tariff policies.

    AA Principal Policy Advisor Terry Collins says a potential global recession would further lower fuel prices.

    He says OPEC and Saudi Arabia have announced they're increasing oil production, which would weaken demand.

    © 2025 Newstalk ZB, NZCity

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     15 Apr: Small and medium business confidence is on the rise -- reaching its highest point in five years
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