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16 Apr 2025 7:15
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      Home > News > Business

    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 Business News
     15 Apr: Housing market momentum could buck seasonal trends
     15 Apr: Small and medium business confidence is on the rise -- reaching its highest point in five years
     15 Apr: More pain at the supermarket checkout
     15 Apr: House sales are picking up, as house prices continue to fall
     15 Apr: K-beauty industry, customers reeling as Trump's tariffs restrict global marketplace
     15 Apr: Sir Michael Hill is stepping down from the helm of his business chain, Michael Hill Jeweller, to undergo cancer treatment
     14 Apr: Global uncertainty's helping Kiwis save money at the gas pump
     Top Stories

    RUGBY RUGBY
    A trans-Tasman match-up between Super Rugby champions has increased calls for more crossover affairs between New Zealand and Australian franchises in the future More...

    BUSINESS BUSINESS
    Housing market momentum could buck seasonal trends More...


     Today's News

    		 Environment:
    Northland is facing intense winds and torrential downpours, as Tropical Cyclone Tam approaches the country 7:07

     International:
    Russia 'working quietly' on Indonesia military ties before air base storm 7:07

     Entertainment:
    Ted Kotcheff, the Canadian-born director best known for bringing John Rambo to the screen in 'First Blood', has died aged 94 6:56

     Entertainment:
    Davina McCall has announced she is now free of a brain tumour following surgery late last year 6:26

     Rugby League:
    A host of changes for the Warriors' Saturday's NRL game at home against the Broncos 4:57

     International:
    Canberra confirms Indonesia won't host Russian planes at air force base 22:37

     Entertainment:
    Bob Mortimer has said he no longer fears death after seeing "light" during his life-saving heart operation 21:56

     Entertainment:
    One of Sean 'Diddy' Combs' accusers has removed Jay-Z and Beyoncé's names from his filing against the jailed rapper 21:26

     Rugby:
    A trans-Tasman match-up between Super Rugby champions has increased calls for more crossover affairs between New Zealand and Australian franchises in the future 21:17

     Christchurch:
    A person has died in a crash on State Highway one at Leithfield this afternoon 21:07

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