Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Shell Drops Petrol Prices by 2 cents per litre


Stronger NZ Dollar Brings Petrol Prices Down At Shell

Shell New Zealand today announced it was dropping the price of petrol and diesel by two cents per litre, effective immediately, in response to the strengthening New Zealand dollar, and international market conditions.

Shell spokesman Simon King said Shell was delighted to once again be the first company to pass on savings to motorists.

"Shell is committed to bringing New Zealanders the best possible fuel prices, and today's announcement confirms Shell as the leader in doing exactly that," Mr King said.

"The stronger Kiwi dollar as well as more favourable international supply conditions have enabled Shell to bring prices down."

In most parts of the country the price of 91-grade petrol will drop to 103.9 cents per litre, while 96-grade will drop to 108.9 cents per lire and diesel will fall to 65.9 cents per litre at the pump.

Mr King said this drop does not apply in areas where strong competition has already seen prices fall below the prices announced today.

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.