Latest from Fuel Prices

Kiwi consumers winners in oil slump

The sharp fall in oil prices is set to continue benefiting consumers but could delay exploration projects around New Zealand.

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.