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NZ Herald's Liam Dann: Kiwis can expect to feel more pain at the pump

Author
Newstalk ZB,
Publish Date
Thu, 7 Sept 2023, 7:42pm
 (Photo / Getty)
(Photo / Getty)

NZ Herald's Liam Dann: Kiwis can expect to feel more pain at the pump

Author
Newstalk ZB,
Publish Date
Thu, 7 Sept 2023, 7:42pm

One expert warns that Kiwis will soon feel more pain at the pump.

Crude oil prices have climbed to new heights, after Saudi Arabia and Russia committed to maintaining their production cuts through to the end of 2023.

Brent oil reached $90 per barrel for the first time since November. 

NZ Herald business editor at large Liam Dann says this is the first time since 2021 that crude oil prices have surged without the tax break in place.

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