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30 Jun 2025 12:41
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  •   Home > News > Motoring

    Geopolitics is making our fuel cheaper

    Geopolitics is making our fuel cheaper


    According to fuel price tracking app Gaspy, petrol and diesel prices have dropped by about four percent in the last month.

    Crude oil prices have also plummeted in the wake of US president Donald Trump's tariff policies.

    AA Principal Policy Advisor Terry Collins says a potential global recession would further lower fuel prices.

    He says OPEC and Saudi Arabia have announced they're increasing oil production, which would weaken demand.

    © 2025 Newstalk ZB, NZCity

     Other Motoring News
     30 Jun: F1 Austrian Grand Prix: Lando Norris beats Oscar Piastri to race win, Carlos Sainz out after car catches fire in pits
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     29 Jun: F1 Austrian Grand Prix: Oscar Piastri qualifies third as Lando Norris takes pole
     28 Jun: The weather's still causing problems for roads at the top of the South Island
     27 Jun: New Zealand Formula One driver Liam Lawson is hoping small margins will make a big difference in this weekend's Austrian Grand Prix
     27 Jun: F1 Austrian Grand Prix: What time and how to watch as title fight between Oscar Piastri, Lando Norris and Max Verstappen resumes
     26 Jun: One person has been critically inured, in a two-vehicle crash on Tauranga's Eastern Link Toll Road
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    Black Ferns coach Allan Bunting's made four changes to his 33-woman squad for the side's final outings before their World Cup defence, starting August 23 More...


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     Today's News

    National:
    RFK Junior is stoking fears about vaccine safety. Here’s why he’s wrong – and the impact it could have 12:27

    Business:
    A former financial advisor's pleaded guilty to stealing from elderly clients - after a Financial Markets Authority investigation 12:27

    National:
    Celebrities, blue jeans and couture: how Anna Wintour changed fashion over 37 years at Vogue 12:17

    National:
    Mommy dearest? Molly Jong-Fast’s blistering memoir of her ‘always performing’ mother Erica is hilarious and moving 12:07

    Rugby:
    Black Ferns coach Allan Bunting's made four changes to his 33-woman squad for the side's final outings before their World Cup defence, starting August 23 11:57

    Basketball:
    Basketballer LeBron James is set for a record 23rd season in the NBA 11:57

    General:
    A post-Paris lull is over for kayak cross Olympic champion Finn Butcher 11:47

    Sailing:
    Rower Logan Ullrich has won his first World Cup title in the single sculls at Lucerne, while in Prague kayak cross paddler Finn Butcher has added a maiden World Cup title to his Olympic gold 11:27

    Motoring:
    F1 Austrian Grand Prix: Lando Norris beats Oscar Piastri to race win, Carlos Sainz out after car catches fire in pits 11:17

    Sailing:
    Logan Ullrich has delivered a shock single sculls gold at the World Cup rowing regatta in Lucerne 11:07


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