17 January 2013
BP Leads Price Decreases on Petrol And Diesel
BP has this morning led a national price reduction on petrol and diesel at its company owned sites. BP has decreased the
price of petrol by 3 cents per litre and the price of diesel by 4 cents per litre. This brings the price at most BP
owned service stations to:
91 Unleaded $ 209.9 cents per litre
95 Unleaded $ 217.9 cents per litre
Ultimate Diesel $ 150.9 cents per litre
“So far in 2013, we’ve seen a steady decline in the cost of refined products, coupled with small but steady
strengthening of the New Zealand dollar overall,” BP Communications Manager, Jonty Mills said.
“This has brought us to the point of being able to pass on the benefits today so hopefully those customers that are
still in holiday mode can take advantage,” he added.
Mills pointed to falling oil prices across most markets over the last week and accelerating inflation in China as
contributing factors.
“Inflation in China will likely see tightening of monetary policy which, while curbing inflation, will also curb demand
and this has flowed through to market numbers. US debt talks are also putting uncertainty in the markets,” Mills
concluded.
ENDS