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Petrol prices on the up again

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Wed, 13 Jul 2011 12:02p.m.

Oil has gone up owing to rising commodity prices and a falling NZ dollar (Reuters file)

Oil has gone up owing to rising commodity prices and a falling NZ dollar (Reuters file)

Fuel prices are on the move again.

Mobil, Caltex, BP and Z Energy have all raised the price of 91 octane petrol by 4 cents a litre to just under $2.10.

The oil companies say the increase is due to rising commodity prices coupled with a fall in the New Zealand dollar.

The price remains unchanged at gull stations for now, with the company vowing to hold off on price increases until at least Friday.

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Comments

14 Sep 2011 04:22p.m.

Bill Osborne wrote:

The oil price per barrel has gone down and the Kiwi dollar is static to the USA dollar I can not understand the greed of these oil companies, Its about time the Government steps in

13 Jul 2011 12:31p.m.

Alien wrote:

they did this yesterday in Canterbury. Got love fuel companies. They raise the price at a drop of a hat, but rarely drop it without a struggle. On top of that the vast majority of NZ fuel comes from NZ. If there is an industry in NZ that needs regulation, this is it