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14 Aug 2022 18:40
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  •   Home > News > Business

    Don't expect fuel prices to come down anytime soon

    Don't expect fuel prices to come down anytime soon


    The country has hit a record high when it comes to the cost of importing petrol.

    Importers paid $1.59 per litre for 91, and $1.62 for 95 in the week to May 20th - 90 cents higher than the same week last year.

    Z Energy Chief Executive Mike Bennetts says there are three key drivers - tight supply, lower inventories and the unknown of the Ukraine war.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     14 Aug: New Zealand Rugby boss Mark Robinson is refusing to shed any light on the future of coach Ian Foster
     14 Aug: A warning to Kiwi investors about the dangers of misleading cryptocurrency offers
     14 Aug: Despite ongoing lockdowns, China's demand for beef is expect to stay strong for the rest of the year
     13 Aug: A milestone birthday for our Interislander ferry service
     12 Aug: A glimmer of hope the price of grocery bills may eventually start to ease off
     12 Aug: An Auckland real estate agent has been jailed for two years for defrauding two businesses out of more than half a million dollars
     12 Aug: Foodstuffs is extending its price rollback on key products for another three months
     Top Stories

    RUGBY RUGBY
    New Zealand Rugby boss Mark Robinson is refusing to shed any light on the future of coach Ian Foster More...


    BUSINESS BUSINESS
    New Zealand Rugby boss Mark Robinson is refusing to shed any light on the future of coach Ian Foster More...



     Today's News

    Environment:
    French climate activists fill golf course holes with cement, protesting against water ban exemption amid drought 18:09

    Business:
    New Zealand Rugby boss Mark Robinson is refusing to shed any light on the future of coach Ian Foster 18:09

    Rugby:
    North Harbour lead Manawatu in the second half of their NPC outing in Auckland 17:29

    Cricket:
    The Black Caps look unshakeable heading into their final dead rubber twenty20 against the West Indies tomorrow morning 17:09

    Law and Order:
    Auckland have survived against a valiant Southland outfit for a 24-23 NPC victory in Invercargill 16:49

    Rugby:
    Former All Black Mike Brewer believes coach Ian Foster will be axed in spite his team's stunning 35-23 win over South Africa at Ellis Park 16:39

    Politics:
    More than $10 million in assistance claims denied as Australians caught trying to rort flood support 16:09

    Rugby League:
    Cameron Ciraldo has inked a five year deal to take over as Canterbury Bulldogs head coach in the NRL 15:29

    Health & Safety:
    New Zealand has 2,618 community cases today - the lowest figures since February 14:49

    Law and Order:
    Black Caps paceman Matt Henry's been ruled out of the remainder of the West Indies tour due to a rub injury 14:49


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