News | Business
22 Jan 2026 13:52
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    The Government's expecting fuel prices to continue to plunge as COVID-19 puts a squeeze on oil prices

    The Government's expecting fuel prices to continue to plunge as COVID-19 puts a squeeze on oil prices


    Resources and Energy Minister Megan Woods says she's told Kiwi oil executives this is a timely test to see how competitive our our fuel market is.

    She says prices can go up quickly - so it's about ensuring the same happens in reverse.

    Woods says she'll be keeping a watchful eye to check that motorists are seeing the same downward movement of prices - as they see when the price of crude goes up.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     22 Jan: A wet spring and early summer is good news for the energy market - for 2026
     22 Jan: Back-to-school budgeting a chance for kids to learn financial literacy and empathy
     22 Jan: Positive news for the housing market - as sales and prices are holding steady
     22 Jan: Infometrics is cautiously optimistic about an economic recovery heading into 2026
     22 Jan: Christchurch is rolling out the welcome mat for Australian visitors
     22 Jan: Economists say New Zealand's outlook is improving - but we're not in recovery mode just yet
     22 Jan: The construction sector is building solid momentum, as job ads for the industry rise
     Top Stories

    RUGBY RUGBY
    Former All Black Tony Brown has confirmed he intends to honour his contract as an assistant with South Africa, rather than make himself available for inclusion in any New Zealand coaching group More...

    BUSINESS BUSINESS
    A wet spring and early summer is good news for the energy market - for 2026 More...


     Today's News

    		 International:
    Several missing after landslide hits New Zealand camping site 13:47

     Business:
    A wet spring and early summer is good news for the energy market - for 2026 13:47

     Entertainment:
    Sophie Turner has a "perpetual back problem" 13:40

     Rugby:
    Former All Black Tony Brown has confirmed he intends to honour his contract as an assistant with South Africa, rather than make himself available for inclusion in any New Zealand coaching group 13:27

     Entertainment:
    Dame Emma Thompson decorated Alan Rickman's hospital room prior to his death so he would feel more at home 13:10

     Soccer:
    The Wellington Phoenix women have signed American striker Mackenzie Anthony as cover for injured forward Sabitra Bhandari  13:07

     International:
    Donald Trump drops Greenland tariffs threat as he heralds 'future deal' with NATO 13:07

     National:
    Beneath Antarctica’s largest ice shelf, a hidden ocean is revealing its secrets 13:07

     Accident and Emergency:
    Bay of Plenty's State Highway 5 is blocked, near Waipunga - where a truck's rolled and spilled gravel over the road 13:07

     Entertainment:
    Gwyneth Paltrow was "worried" about her sex scenes with Timothée Chalamet 12:40

     News Search




    Power Search

    © 2026 New Zealand City Ltd