In just four weeks, Air New Zealand's earnings outlook has turned to custard.

Higher fuel prices are likely to mean lower profit margins and lower real wages.

Supermarket chain says rising oil prices particularly affect suppliers who package goods in plastic.

In the high-stakes game of oil exploration New Zealand is frontier country.

Air New Zealand is to increase fares for all flights from March 18 because of rising fuel costs.

Petrol prices have risen sharply overnight, nearing record highs.

Motorists face more increases in the price of petrol, which is likely to reach a new high, the Automobile Association is warning.

Petrol prices are on the rise again, hitting their highest level for more than two years. A litre of 91 octane petrol rose 3c to $2.02 and 95 octane rose to $2.11.

There is an extraordinary disconnect between what the experts write about oil prices, and what is likely to happen in the real world.

Petrol prices are likely to remain stable over 2011 but will slowly creep up, say analysts.