2 Sep 2009

Companies lower petrol by 3c a litre

5:38 pm on 2 September 2009

Three major fuel companies in New Zealand have lowered their petrol prices by 3 cents a litre on Wednesday.

Shell, BP and Caltex petrol now costs $1.65.9c per litre.

Shell and BP say the move is due to a decrease in the cost of refined petrol, combined with a higher New Zealand dollar.

Caltex says the cut was due to the fluctuating price of refined fuel on the Singapore market.

The price of diesel remained unchanged at $1.06.9 per litre.

Mobil says it is reviewing its pricing.