INDEPENDENT NEWS

Caltex Drops Petrol Price 3c A Litre

Published: Tue 26 Sep 2000 04:36 PM
Caltex New Zealand Ltd has announced a price drop of 3c a litre on both grades of petrol which is effective immediately.
The main reasons for the price reduction are the drop in crude oil prices worldwide and the decline in the refined costs of petrol.
“Caltex is keen to pass on the benefits of a cost reduction to motorists as soon as possible,” said Bruce Hollett, General Manager, Sales.
Mr Hollett however warned that there was still considerable market uncertainty, and that Caltex would be monitoring trends closely.
ENDS
For further information, please contact:
Bruce Hollett, General Sales Manager
Caltex New Zealand Ltd
Work: 495-6005
Mobile: 021 854 739

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