LISTEN LIVE TO NEWSTALK ZB

Newstalk ZB

ON AIR NOW

Keep up with
Newstalk ZB

Follow Us

  • Facebook
  • Twitter
  • YouTube

Select region

Site Search

Search Search

Petrol prices may go down

Share |

New Zealand News | Saturday April 14 2012 10:34

Petrol prices may go down

Related

Petrol prices could be on the move, with the price of oil continuing to slide.

Brent Crude is now sitting at 121 US dollars a barrel.

The AA's Mark Stockdale says there's no reason not to expect a drop in the price at the pump.

"A drop in the price of oil will inevitably flow through to a lower prices at the pump, provided the exchange rate remains stable. It's got to be good news for motorists."

He says coupons and loyalty programmes do help motorists save money, but they can be expensive for oil companies.

"Those loyalty programmes, there is a cost to the fuel company, but how much that is we don't know."

Mark Stockdale hopes to see lower prices in the next few days.

Advertisement
Shows & Personalities
Advertisement
  • Calls for factory farming to be election issue

  • Commonwealth Games: Leat claims silver for NZ

  • Commonwealth Games: Webster claims sprint double

  • Commonwealth Games: Webster to ride for gold

  • Commonwealth Games: Hamblin makes emotional return

  • Commonwealth Games: Craig ousted by world number o ...

  • Auckland Weather

    Today
    Showers
    H:13° L:
    Click for More Weather
    More Weather

    Labour's education policy

    Which is more important to you?

    Vote Now

    View Results