Latest from Fuel Prices

Cheaper fuel bill propels Qantas stock up

Shares in Qantas surged to their highest level in more than six years after it said the global drop in oil prices would help cut its fuel bill by A$550 million ($593 million) this year.

Do petrol prices fall as fast as they rise?

A new report claims to have disproved a well established urban myth that petrol companies are quick to raise petrol prices, but slow to drop them when prices fall.

New cars all electric by 2030

What people want from transport is to get from A to B as quickly, safely and cheaply as possible.

Oil prices resume slide

The price of oil is tumbling again, rattling an already-shaken oil industry and heralding lower prices for consumers.

Consumers boost spending and saving

Retailers are continuing to benefit from the boost to consumers' discretionary incomes from the fall in oil prices over the past year.

Brian Gaynor: Results season shows lacklustre performance

The results for the six months to December 2014 has been fairly lacklustre, with one notable exception, Brian Gaynor writes.

Virgin to reap more fuel savings

Virgin Australia is tipped to benefit more from fuel savings in the year's second half after reporting a sharp upturn in its latest trading update.

Car sales drive big retail jump

Petrol prices rise for first time in months

The golden run of cheaper petrol could be at an end with prices at the pump increasing for the first time in four months, AA says.

Lower fuel cost a global tax break: Luxon

Air New Zealand chief executive Christopher Luxon expects low oil prices to stimulate demand for travel but for their beneficial effect on the airline's fuel bill to be muted by the fall in the New Zealand dollar.

Fuel drop compounds commodity slump

Lower fuel prices are compounding the longest commodity slump in a generation.

Fuel drop skews card figures

Lower petrol prices contributed to a 0.1 per cent fall in the amount consumers charged to electronic cards last month.

Fuel price fall aids Qantas revival

Qantas boss Alan Joyce says fuel prices falling more quickly than the Australian dollar are helping revive the airline's international division but he's not putting a date on when it will be out of financial trouble.

Bank to fund biofuel flights

New Zealand-founded LanzaTech's quest to commercialise its biofuel has taken another step with one of the world's biggest banks.

$2 petrol in sight

Z Energy boss Mike Bennetts says the return of $2 a litre petrol could be on the cards if oil prices continue to plummet.

Kiwis quitting Australia fuel immigration surge

The immigration surge continued to gather pace last month, with the net inflow of 4270 people the second-largest monthly gain on record.

Africa to UK - on just one tank of fuel

How's this for fuel economy? A Mercedes has travelled 1968 kilometres from North Africa to England without having to refuel - and still had another 160km in it.

Strong kiwi dollar offsets oil rise

The high New Zealand dollar is insulating this country from rising crude oil prices that have spurred fears for the global economic recovery.