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20 Apr 2024 8:14
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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.

    © 2024 Newstalk ZB, NZCity

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     18 Apr: The Reserve Bank may have to make some unpopular decisions
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     Top Stories

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    The Highlanders are reeling from a fifth straight loss in Super Rugby, dealt to 31-nil by the Queensland Reds in Brisbane More...


    BUSINESS BUSINESS
    Why Japan is the only country where married couples must have the same surname More...



     Today's News

    Entertainment:
    Olivia Munn says "nothing" could have prepared her for the emotional shock of seeing her body after she underwent a double mastectomy 8:10

    Business:
    Why Japan is the only country where married couples must have the same surname 8:07

    Auckland:
    A person's died after a serious crash on Great North Road in Auckland's Grey Lynn this morning 8:07

    Soccer:
    A missed penalty in added time has cost the Wellington Phoenix dearly in their 1-all draw against the Jets in Newcastle 7:57

    Rugby League:
    The Warriors have missed the chance to leap to 3rd on the NRL table...crushed 30 to 12 by the St George Illawarra Dragons in Wollongong 7:57

    Rugby:
    The Highlanders are reeling from a fifth straight loss in Super Rugby, dealt to 31-nil by the Queensland Reds in Brisbane 7:47

    Entertainment:
    Gwyneth Paltrow's daughter has stolen from an "archive" wardrobe the actress keeps at home as the teen loves 1990s designer looks 7:40

    Politics:
    Jacinda Ardern slashed negative gearing in NZ. The new government has brought it back 7:27

    Environment:
    The Hurricanes have recorded their best ever start to a Super Rugby season, earning their eighth-straight win with a 38-15 victory over the Fijian Drua 7:27

    Motorsports:
    McLaren's Lando Norris has dominated a wet qualifying session for Formula One's China Grand Prix sprint race, taking pole while world champion Max Verstappen struggled into fourth place 7:17


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