INDEPENDENT NEWS

Shell takes prices down by 3 cents

Published: Tue 18 Mar 2003 02:00 PM
Shell takes prices down by 3 cents
Shell New Zealand today announced it was dropping the price of both grades of petrol and diesel by three cents per litre, effective immediately.
Shell’s Retail Manager Mark Nobilo said that Shell was always competitive at the pump, and this reduction was in response to the very competitive state of the industry. Mr Nobilo said that this price reduction would not apply in areas of intense competition where prices were already below this.
“In such a highly volatile international situation, Shell is not able to predict which way prices may head in the future, but we are pleased to be able to pass on some savings to customers today.
“Shell will continue to monitor prices and we remain committed to bringing New Zealanders the best possible fuel prices,” Mr Nobilo said.
The price of 91 grade petrol will come down to $1.129 per litre, 96 grade petrol falls to $1.179 per litre and diesel will be 72.9 cents per litre, or cheaper, at most Shell service stations

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