Oil Prices
Making sense of historically low oil prices
Global demand for oil has collapsed because of the pandemic, because no one's going anywhere, and there's a shortage of space to store the excess supply. Apart from cheaper petrol at the pumps, what… Audio
Atiamuri - the place New Zealanders go for cheap fuel
Motorists are driving for miles to fill up at a small self-service petrol station in the middle of the North Island, believed to have the cheapest fuel in the country. John Boyton headed to Atiamuri… Video, Audio
NZ oil drilling cut back as low global prices bite
The amount of money New Zealand spends on drilling for oil has dropped by more than 90 percent in just two years, due to low international prices.
World oil consumption to pass 100 million barrel milestone
The world is about to hit a point where it is burning the equivalent of 4680 Olympic-sized swimming pools of oil each day.
Oil prices expected to stay low
The low oil price is expected to reduce the interest in looking for oil in New Zealand.
PEPANZ says oil prices too low - welcomes rise to $40US
Oil prices have hit their highest levels in three months, but an industry body says there's a long way to go before it gets back to sustainble levels. Audio
NZ Oil & Gas posts big loss after oil price slump
The slump in world oil prices has led to a large loss for New Zealand's biggest oil and gas explorer.
Susanne Becken - The Price of Oil and the Environment
Professor Susanne Becken is the author of Oil and Tourism: Preparing for the Challenge, and heads up the Griffith Institute for Tourism in Brisbane. Professor Becken says governments around the world… Audio
A world awash with oil
The world is awash with oil - and the world is running out of places to store it. Audio
Energy and resources Minister has more
Speaking to us from Frankfurt, the Energy and Resources Minister, Simon Bridges, says royalties are down because of a global fall in prices and profitablility. Audio
Govt urged to consider closer security ties with Indonesia
Falling oil prices have slashed the royalties New Zealand receives from mining companies. Audio
NZ Oil & Gas says its oil price assumption may be conservative
New Zealand Oil and Gas says its long-term assumption about oil prices averaging 85 US dollars a barrel from four year's time may be conservative. Audio
Falling oil prices drove a 0.3% drop in spending
Falling oil prices drove December's zero-point-3 percent fall in spending using electronic cards. Audio
No end in sight for oil price slump
Analysts say there's no end in sight to a plunge in oil prices, with crude oil dropping below 45 US dollars a barrel overnight. Audio
Drop in oil prices to continue until supply is cut back
There's no end in sight yet to a crash in oil prices, but could the low prices end up hurting the consumer? Audio
Oil prices, Eurozone jitters drive down world markets
A global drop in oil prices has consumers racing to the petrol pump, and investors eager to sell off stocks. Audio
Global oil price slump leads to market volatility
Tumbling oil prices and jitters about Greek elections have prompted a slide in the global markets in the first days of new year trading. Audio
Low oil prices probably mean dairy prices won't recover quickly
An analyst says plummeting oil prices are likely to mean dairy prices won't recover as quickly as the Reserve Bank is forecasting. Audio
Oil prices set to tumble further - analyst
Oil prices are expected to fall further as the major producers hold off cutting back supplies. Audio
What's behind the big drop in international oil prices?
Energy consultant Richard Hale of Hale & Twomey speaks with Guyon Espiner. Audio