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19 Nov 2025 2:18
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  •   Home > News > Business

    Pain at the pump is only set to get worse - as the cost of importing fuel hits a record high

    Pain at the pump is only set to get worse - as the cost of importing fuel hits a record high


    Last week importers paid one-dollar-59 for 91 and a-dollar-62 for 95... that's a spike of 10 cents from the week prior, and up a whopping 90 cents on a year ago.

    AA Motoring's Terry Collins doesn't see prices easing anytime soon.

    He says Europeans travelling for summer holidays, and a return to air travel are putting further strain on an already limited fuel supply due to Russia's invasion of Ukraine.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     18 Nov: The Kiwi dollar is the weakest compared to Australia in 12 years - trading at just 87 Aussie cents
     18 Nov: Promise of tougher times for scammers, thanks to a number of new endeavours aiming to build up our defences
     17 Nov: A quick turnaround for the newly announced changes to vehicle imports - to be law by week's end
     17 Nov: Inflation is still running hot - with the price of food, gas and electricity all high
     17 Nov: Prices are soaring for food staples - with prices up 4.7 percent on a year ago
     17 Nov: The cost of Christchurch City Council's five-year battle against city-wide housing intensification has been tallied
     17 Nov: Activity's been picking up in the housing market
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    The Kiwi dollar is the weakest compared to Australia in 12 years - trading at just 87 Aussie cents More...



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