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Oil price will keep going up, says AA
Motorists face more increases in the price of petrol, which is likely to reach a new high, the Automobile Association is warning.
Motorists face more increases in the price of petrol, which is likely to reach a new high, the Automobile Association is warning.
Gold hit a record high on world markets overnight, but equities fell as investors worried about the impact on consumer spending and corporate profits of high oil prices.
Petrol and diesel prices are on the up - but not in Christchurch.
A substantial petrol price rise is expected to increase the cost of living for earthquake-hit Christchurch residents in the coming days.
The bloody events in Libya have sent oil prices climbing and share prices falling. It could be the harbinger of worse to come.
There is an extraordinary disconnect between what the experts write about oil prices, and what is likely to happen in the real world.
Political unrest in Egypt could mean Kiwis paying more at the petrol pump, after oil prices climbed to their highest point in 28 months.
Temperatures inside the Pike River Coal mine continue to fluctuate, frustrating those charged with retrieving the bodies of 29 men killed in a series of explosions since November 19.
Commodities slid, taking stocks on Wall St. lower overnight, amid concern that rising food and raw materials prices would cut into corporate profits.
Petrol prices are likely to remain stable over 2011 but will slowly creep up, say analysts.