Petrol Prices Fall Again At BP

22 May 2011

Media Release
Embargoed until 6pm 22 May, 2011

Petrol Prices Fall Again At BP

BP has dropped the price of petrol and diesel today by 4 cents per litre. This is the third price drop in three weeks at BP-owned stores.

Petrol prices at most BP-owned service stations are:

91 Unleaded $ 208.9 cents per litre
95 Unleaded $ 216.9 cents per litre
Ultimate Diesel $151.9 cents per litre

BP Managing Director Mike McGuinness said 91 and 95 Unleaded petrol, and Ultimate Diesel, had now fallen 13 cents since 9 May. This has been possible because of a strong New Zealand dollar and weakening international refined fuel prices throughout the month.

BP monitored costs daily and was pleased to be able to pass on savings to its customers.

“Pump prices are made up of a number of factors, including the international price of petrol and diesel, the US/NZ exchange rate, and taxes and levies. We monitor these costs all the time and we’re committed to passing on any decreases in those costs to motorists as quickly as possible.”

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