An Auto Media Group publication Tuesday 10 November 2026
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Fuel companies defend price rises

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Prices at fuel stations are heading upwards due to international pressures, fuel companies say.

Overnight, stations in the South Island were charging as much as $2.259 for a litre of 91 petrol, according to Pricewatch.co.nz.

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The highest price in Auckland for 91 was $2.139, according to the website.

Z Energy says it has recently increased the price at the pump after a dip in the New Zealand dollar.

“The New Zealand dollar is at its lowest point against the US dollar since December last year,” a spokeswoman told Stuff.

“Brent crude oil continues to climb, the highest it’s been since November 2014, on the back of geopolitical concerns and the US quitting the Iran deal and reinstating sanctions.”

A spokeswoman for BP gave similar reasons for price increases.

“[The rises are] predominantly driven by changes in the US exchange rate which has fallen since the start of the month, and ongoing increases in the cost of product as crude oil reached its highest price since late 2014”.

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