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16 Apr 2025 7:50
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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

     Other Business News
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     15 Apr: House sales are picking up, as house prices continue to fall
     15 Apr: K-beauty industry, customers reeling as Trump's tariffs restrict global marketplace
     15 Apr: Sir Michael Hill is stepping down from the helm of his business chain, Michael Hill Jeweller, to undergo cancer treatment
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    Major banks are continuing to cut interest rates, following last week's OCR cut More...


     Today's News

    		 Law and Order:
    Southland Police have arrested seven young people, following a number of burglaries in Gore 7:47

     Rugby League:
    The Wests Tigers dressing room has turned on want-away five-eighth Lachlan Galvin 7:37

     International:
    Europeans told to gather supplies for 72 hours amid 'direct' war threat 7:27

     Cricket:
    Punjab have set an Indian Premier League cricket record during their 16-run win over Kolkata 7:27

     Entertainment:
    Adam Scott is addicted to doing laundry 7:26

     Business:
    Major banks are continuing to cut interest rates, following last week's OCR cut 7:17

     Environment:
    Northland is facing intense winds and torrential downpours, as Tropical Cyclone Tam approaches the country 7:07

     International:
    Russia 'working quietly' on Indonesia military ties before air base storm 7:07

     Entertainment:
    Ted Kotcheff, the Canadian-born director best known for bringing John Rambo to the screen in 'First Blood', has died aged 94 6:56

     Entertainment:
    Davina McCall has announced she is now free of a brain tumour following surgery late last year 6:26

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