Pump prices fall; duration hard to pick - Z Energy

Pump prices fall; duration hard to pick - Z Energy
Gavin Evans
Petrol prices are down across the country but Z Energy says it's too soon to say whether yesterday’s plunge in crude oil prices has further to run or how long it may last.Brent crude oil dropped more than 20 percent yesterday after Saudi Arabia kicked off a price war with Russia in a market already contracting as coronavirus slashes demand for jet fuel and slows the world economy.Z Energy, the country’s biggest fuel retailer, cut petrol prices by 7 cents a litre nationwide today, having cut prices by between one and six cents at most outlets ye...

More Retail

SME revolt slashes targeted council rate by 60%
Retail

SME revolt slashes targeted council rate by 60%

An Auckland SME protest vote has overturned a local rates rise in Onehunga.

Garth Bray 29 May 2025
Warehouse CFO to take top job
Retail

Warehouse CFO to take top job

The next CEO, Mark Stirton, joined the group in April last year.

Gregor Thompson 28 May 2025
New World supermarket first retailer to buy at Drury
Retail

New World supermarket first retailer to buy at Drury

Property developer also welcomes 20% asset deduction Budget sweetener.

Maria Slade 26 May 2025
Downturn dims luxury's lustre
Retail

Downturn dims luxury's lustre

Louis Vuitton NZ's revenue dropped 10.7% to $82.2 million year on year.

Gregor Thompson 26 May 2025