Gas prices NZ$

A Waitomo Group petrol station in the Christchurch suburb of Papanui has run out of 91, 95 and diesel and others are at the risk of running dry as price ...

Another Waitomo petrol station in South Auckland stretched over more than 400 metres. Meanwhile, at least two Waitomo petrol stations in the South Island have run out of 91 and are now selling 95 at 91 prices until that runs out too. A Waitomo Group petrol station in the Christchurch suburb of Papanui has run out of 91, 95 and diesel and others are at the risk of running dry as price hikes come into effect from Friday evening.

Fuel up now before the next big petrol price hike. That's the warning issued this morning by Waitomo group managing director Jimmy Ormsby to Kiwi motorist.

Trends charted by fuel price app Gaspy show that average fuel prices have risen from around $1.85 in May 2020 to almost $3 on March 9 this year for 91. With European nations breaking ties with Europe, they will be forced to source their fuel from the same markets that New Zealand relies on for its oil. Come spend a few hours pumping gas with me to get a good taste of how tough it is for many Kiwis just trying to put food on the table," Mr Ormsby said. Asked why there was such a massive difference between the price of fuel in Australia and New Zealand, Collins said tax was the single biggest contributing factor. Headlines across the ditch earlier this week bemoaned the possibility of the price of fuel rising to A$2.50 (NZ$2.68), with prices currently sitting at A$2.20 (NZ$2.36) in Sydney and A$2 (NZ$2.14) in Melbourne. New Zealand, of course, isn't the only country to be struggling with a massive increase in fuel prices, with the impact being felt around the world.

Watch: Kiwis dash to fill their tanks up before petrol prices increase further. Credits: Newshub. A huge spike in petrol prices is expected tonight after petrol ...

With European nations breaking ties with Russia, they will be forced to source their fuel from the same markets New Zealand relies on for its oil. This in turn means prices will continue to steadily increase in the coming years.

Trends charted by fuel price app Gaspy show average fuel prices have risen from around $1.85 in May 2020 to almost $3 on March 9 this year for 91. With European nations breaking ties with Russia, they will be forced to source their fuel from the same markets New Zealand relies on for its oil. Come spend a few hours pumping gas with me to get a good taste of how tough it is for many Kiwis just trying to put food on the table," Ormsby said. "Product prices from our suppliers have climbed very significantly for us overnight, so sadly that's going to be reflected in pump prices going forward, despite our best efforts to hold it off," the spokesperson said. At one stage traffic was backed up for about a kilometre outside the station. Ormsby had advised motorists to fill up today before 6pm, when the latest price rise would kick in. Headlines across the ditch earlier this week bemoaned the possibility of the price of fuel rising to A$2.50 (NZ$2.68). Prices were sitting at A$2.20 (NZ$2.36) in Sydney and A$2 (NZ$2.14) in Melbourne. Asked why there was such a massive difference between the price of fuel in Australia and New Zealand, Collins said tax was the single biggest contributing factor. Decisions regarding any appropriate changes (up or down) are based on those inputs. The whole industry will be impacted with similar pricing." New Zealand isn't the only country to be struggling with a massive increase in fuel prices; the impact is being felt around the world. Turner said that volatility was unprecedented in the market, but that it was important not to be too reactionary to the shifts in the global markets.

Extreme market volatility pushed crude oil prices to nearly $US140 a barrel this week. AA policy advisor Terry Collins said Europe has relied on Russian ...

"[There's] a whole range of products that petrochemicals are used for. The price of every one of those products is going to go up as well." "So that's our tyres, our plastic...