Diesel prices, 18-Jan-2021: The average price of diesel around the world is 0.95 U.S. Dollar per liter.However, there is substantial difference in these prices among countries. For comparison, the average price of gasoline in theworld for this period is … Here are the current Fuel Prices. If you want to tow a caravan, boat or trailer, a diesel vehicle will usually give you the best option unless you are opting for a petrol car with a large displacement motor. Diesel: $1.299* *Fuel prices are subject to change over time. Petrol and diesel prices as at 16 March 2020 The average value for New Zealand during that period was 1.19 New Zealand Dollar with a minimum of 1.13 New Zealand Dollar on 23-Nov-2020 and a maximum of 1.25 New Zealand Dollar on 18-Jan-2021. Learn more about the reliable and trusted quality products from Mobil. It performs beautifully under all New Zealand conditions and is especially well suited to engines that perform with wide variations in load and speed. 06 Jan 2021. Refineries purchase crude oil on the international market to make it into refined oil products such as petrol and diesel. We report weekly & monthly AA Petrolwatch on fuel price changes in NZ. Fuel efficiency can be reported in litres per 100km or kilometers per litre (and similarly using miles and gallons). LPG prices are not directly related to oil prices, are set internationally & reviewed monthly. This monitoring is a key recommendation from the 2008 New Zealand Petrol Review (see link below) to promote transparency in retail petrol and diesel pricing. Price per litre. Petrol taxFor every litre of petrol purchased, 77.284 cents is collected by the Government as fuel excise, excluding GST. The offers and loyalty programmes outlined on this page offer a variety of ways that NPD reward their customers with savings on fuel. The Ministry is responding with a range of measures, including adding premium fuel to its weekly monitoring. Since the beginning of the year the landed cost of petrol (commodity price converted to NZ$) has fallen approx. 02 Dec 2020. Others, such as drivers of light diesel vehicles and heavy vehicles like trucks, pay through road user charges (RUC). The AA’s running costs report highlights car running costs, compares petrol vs. diesel & can help you find ways to save on car costs. The costs associated with the Emissions Trading Scheme (ETS) are provided by Hale & Twomey based on the prevailing carbon price from the New Zealand Carbon Market. Petrol and diesel prices as at 15 November . It performs beautifully under all New Zealand conditions and is especially well suited to engines that perform with wide variations in load and speed. A diesel vehicle usually has much more torque than the equivalent petrol vehicle and this makes them superior for towing. The diesel we sell at Z is a premium grade diesel for high-speed engines - both on and off-road. CardLink PriceWatch provides a snapshot of the fuel transaction prices throughout New Zealand. U.S. Nominal average prices of natural gas By type, 1989–2019; Nominal average prices of commercial and industrial electricity By type, 1989–2019; Nominal average prices of petrol By type, 1984–2019; Real average prices of diesel By type, 1989–2019; Real average prices of petrol By type, 1989–2019; Real average prices of … We report weekly & monthly AA Petrolwatch on fuel price changes in NZ. The graph below shows the estimated discounts since 2010 along with the current forecasts. This monitoring is a key recommendation from the 2008 New Zealand Petrol Review (see link below) to promote transparency in retail petrol and diesel pricing. Gallon. We include overall changes to 91 octane, 95 octane & diesel prices. © 2021 The New Zealand Automobile Association Inc. adjusts this forecast when Statistics New Zealand releases its latest data. The national average price for a litre of 91 octane petrol is $2.13, 95 is $2.30 and 98 is $2.35. The average value for Auckland during that period was 2.13New Zealand Dollar with a minimum of 2.05 New Zealand Dollar on 09-Nov-2020 and a maximum of2.20 New Zealand Dollar on 04-Jan-2021. ACCC report into Australian petrol prices — Review of applicability to the New Zealand petrol market [PDF, 690 KB]. 16/01/2021. We carry out weekly monitoring of importer margins for regular petrol and automotive diesel. Synergy 1000/Unleaded 91. PREVIOUS. R . CURRENT. Please note: This content will change over time and can go out of date. Anyone using New Zealand’s roads contributes towards their upkeep. Petrol prices are plummeting as New Zealand passes the halfway mark of the four-week lockdown. These markets are influenced by a number of factors including global supply and demand and manufacturing capability. Stats NZ website — Vehicle fuels and lubricants in the CPI(external link). Find out how much it costs to run your vehicle, work out your mileage and even help you save on fuel costs! Average prices for a litre of 91 across the … For more information on the calculation method, see the Stats NZ website. The Ministry of Business Innovation and Employment has added premium petrol to its weekly fuel monitoring update. This is attributed to an underlying increase in crude oil prices, and rises in refined commodity prices, particular petrol with a number of global refinery shutdowns. Petrol and diesel prices as at 11 April . Find out about the types of biofuels available, how they compare to mineral fuels, and the cars available in New Zealand that are compatible with them. We know that most vehicle owners are looking for ways to get cheap fuel, petrol and diesel. Customer Contact Centre: 0800 500 444 Learn how the price is calculated from our team of AA Experts. For comparison, the average price of diesel in the world for this period … overview, Holden Commodore Tourer 2018 Towing Review, Warrant of Fitness PLUS AA Membership for $127*, Volkswagen Golf R Performance 2020 Car Review, Used Vehicle Review: Mitsubishi Minicab MiEV (2012), Used Car Review: Toyota Prius PHEV (2012), Hyundai IONIQ EV Series II 2020 Car Review. Previous. Diesel costs started the year at $1.55 and are now sitting at $1.18 in Auckland. There’s more to this decision than which is cheaper at the pump - we look at the factors to consider. Most road users pay levies when they buy fuel. Why do fuel prices rise? Diesel costs started the year at $1.55 and are now … This is documented in the same document below: Proposal to add premium and RFT revision [PDF, 435 KB]. The average value for Auckland during that period was 2.13New Zealand Dollar with a minimum of 2.05 New Zealand Dollar on 09-Nov-2020 and a maximum of2.20 New Zealand Dollar on 04-Jan-2021. There are 159 litres per barrel. The importer margin is the gross margin available to fuel retailers to cover domestic transportation, distribution and retailing costs in New Zealand, as well as profit margins. The international refined price for petrol and die… We have also updated the way we apply the Auckland Regional Fuel Tax to our data. From October 2006 onwards, main port prices have been adjusted for the increased prevalence of discounting activity (through loyalty schemes, shopper coupons and regional discounting) to produce the discounted price. It's calculated as the difference between the: The calculation of importer margins was adjusted in September 2015 to include discounting activity. Missions ... New Zealand: Our Backyard Whatever you're up to for Summer 2021, make sure you're living your best life, just like our ... Blogs. Save hundreds of dollars a year by joining our community of like minded Kiwi's and help us locate and share the best petrol & diesel prices in the country. All other things being equal, this will tend to underestimate the importer margin attributable to oil companies. Gasoline prices per liter, octane-95: We show prices for Auckland from 12-Oct-2020 to 18-Jan-2021. This data is updated weekly, using the previous week's data. Gaspy sources thousands of fuel price observations from retail stores every day to provide a complete database of the New Zealand fuel retail market. Supply & demand, investment speculation, the currency market & excise tax all have an impact on the price. https://www.mbie.govt.nz/building-and-energy/energy-and-natural-resources/energy-statistics-and-modelling/energy-statistics/weekly-fuel-price-monitoring/ GASPY is New Zealand's original fuel finding app that tells you where the cheapest fuel is in your area. https://figure.nz › chart › YPxIJBkBedBDR1hE-i78Rc3MTsLIUt6CL And with more diesel engines on the road, we now have more diesel lanes at 162 of our Z stations. For comparison, the average price of gasoline in theworld for this period is 1.83 New Zealand Dollar. Download the free app. We will also assume … Get an AA Expert’s view. R 14.69. Gasoline prices per liter, octane-95: We show prices for Auckland from 12-Oct-2020 to 18-Jan-2021. This work is licensed under a Creative Commons Attribution 3.0 New Zealand Licence(external link). Margins are an indication of the competitiveness of New Zealand’s retail fuel market. R 14.26. We know that most vehicle owners are looking for ways to get cheap fuel, petrol and diesel. Note that the data in the charts are calculated using undiscounted retail prices, and will therefore generally be at a higher level than our weekly importer margins. 1.2650. ACCC report into Australian petrol prices — Review of applicability to the New Zealand petrol market [PDF, 690 KB] New Zealand petrol and diesel retail prices presented here represent weekly average retail prices from Auckland, Hamilton, Wellington and Christchurch: the main port price. Biofuel & environmentally friendly carsFind out about the types of biofuels available, how they compare to mineral fuels, and the cars available in New Zealand that are compatible with them. Data in the weekly table and the graphs is flagged as “Provisional” if it uses forecasted discounts in the calculations. *prices include all taxes Download image What we pay for in a gallon of: Regular Gasoline November 2020 Retail price: $2.11/gallon Diesel November 2020 Retail price: $2.43/gallon Taxes Distribution & Marketing Refining Crude Oil 23% 23% 9% 46% 23% 25% 12% 40% Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Petrol or diesel - which one should you buy?When buying a car should you choose petrol or diesel? This adjustment has been carried back to October 2006. Synergy Diesel/Diesel. At NPD we are always aiming to deliver the best quality forecourt experience while delivering the best value fuel. The crude oil price is based on the Dubai benchmark, as the Dubai market is the most common source of crude oil for New Zealand. Revisions to previously published data: The Ministry has improved the methodology for producing some of the energy prices statistics, as … New Zealand. A minor adjustment was made to the main port price from 1 July 2018 to ensure that prices changes adequately reflected retail price change in Auckland following the introduction of the Auckland regional fuel tax. This document explains the variables used in our weekly oil price monitoring. 43cpl with the national pump price dropping 46cpl in that time. 24-hour AA Roadservice: 0800 500 222 All data are presented as non-weighted weekly averages, and adjusted to NZ dollars as appropriate — based on the prevailing exchange rate. Crime Politics Health ... "The diesel price has not come down the same amount the petrol price has come down. Weekly oil price monitoring — data dictionary [PDF, 605 KB]. We will base our workings around a 50-week period (600km a week) and fuel prices set at $2.10 for petrol and $1.50 for diesel. We will base our workings around a 50-week period (600km a week) and fuel prices set at $2.10 for petrol and $1.50 for diesel. Revisions to previously published data: The Ministry has improved the methodology for producing some of the energy prices statistics, as well as updating some historical data. Fuel prices rose 3 cents per litre on 11 April, pushing prices to their highest level since November 2018. 14 Aug, 2019 03:45 AM 2 minutes to read A Mobil in Te Rapa is selling 91 at $1.79 per litre and diesel $1.29 per litre. Our AA Experts look at how this breaks down. The average value for Hamilton during that period was 1.14 New Zealand Dollar with a minimum of 1.10 New Zealand Dollar on 16-Nov-2020 and a maximum of 1.17 New Zealand Dollar on 17-Aug-2020. Fuel price trends - Petrol Unleaded 93. Regular 91 Premium 95 Diesel Force 10 Force Pro Diesel Max Biofuels Terminal Gate Pricing Safety Data Sheets. Mobile: *222. 16/01/2021. Price data tables. Save hundreds of dollars a year by joining our community of like minded Kiwi's and help us locate and share the best petrol & diesel prices in the country. Learn more about the hidden problem of dirt and discover how you and your vehicle can benefit from ongoing use of bp fuels with Active technology, available in Ultimate 98, Ultimate Diesel … The data is a minimum of 24 hours old and is sourced from fuel purchase transactions that are processed by CardLink using CardLink provided fuel cards. Fuel prices - Petrol Unleaded 93. Take care when comparing these series. Download the free app. As a general rule, richer countries have higher prices while poorer countries and the countries that produce and export oil have significantly lower prices. Also, discounts aren’t included in OECD data, but these now play a huge role in the fuel price in NZ. Diesel: $8,233.84 (including road user charges) Fuel Cost Over 4 Years (90,000km) Petrol: $17,098.22. Gaspy is NZ's only comprehensive, retail Fuel Price Repository. NZ is a really small market when compared globally. Download the latest spreadsheet showing our forecast discounts and actual discounts for petrol and diesel. Another price cut, the 12 th in a straight row in the past month, with fuel prices down 4 cents per litre (cpl). New Zealand LPG pricingLPG prices are not directly related to oil prices, are set internationally & reviewed monthly. In December 2018 we applied 2 adjustments to the data to ensure the Auckland regional fuel tax is reflected in the data: We are working with other agencies and data providers to further develop this methodology to ensure that it is fit for purpose. These tables contain petrol, diesel, fuel oil, natural gas and electricity price data for New Zealand. We adjusted the calculation of importer margins in September 2015 to include discounting activity. Petrol, diesel, motor oil, fuel cards and more. These tables contain petrol, diesel, fuel oil, natural gas and electricity price data for New Zealand. The Covid-19 pandemic has helped create a rare piece of good news for some amid the chaos - lower fuel prices. Our best-ever engine cleaning technology has landed in New Zealand. PAK’nSAVE. Refined oil products are also traded on the international market and have their own pricing. a weighted-average regional fuel tax has been added to the duties, taxes and direct levies data to account for the 10 cents per litre tax applicable only in the Auckland region. "Petrol has come down 11 cents, whereas diesel has only gone down 7 … At NPD we are always aiming to deliver the best quality forecourt experience while delivering the best value fuel. Find your local station on the Mobil website. We use an Auto Regressive Integrated Moving Average (ARIMA) model for forecasting. The following graphs show the latest fuel statistics up to the week ending 18 January 2021 (updated weekly). This forecast is revised with the actual estimated discount when the CPI data for the current quarter is released. With around 150 locations across New Zealand, mobil offers discounts and offers through its Mobil Smiles programme. And with more diesel engines on the road, we now have more diesel lanes at 162 of our Z stations. When buying a car should you choose petrol or diesel? 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Please note: This content will change over time and can go out of date. This means that for the current quarter we must use a forecast. There’s more to this decision than which is cheaper at the pump - we look at the factors to consider. Diesel prices: We show prices for Hamilton from 10-Aug-2020 to 16-Nov-2020. Unsurprisingly, the reduction reflects continual drops in commodity prices, plus the strengthening NZ$, which is now at the highest level since August. The main port price is a weekly average of retail prices in Auckland, Hamilton, Wellington, and Christchurch. Hamilton Diesel prices, liter. In December 2018, we made adjustments to account for the introduction of the Auckland regional fuel tax on 1 July 2018. the retail price series was adjusted, to account for price differences between Auckland and the rest of the country. © Ministry of Business, Innovation & Employment, © Ministry of Business, Innovation and Employment. By type, 1984–2019, NZ cents per litre. Synergy 5000/Premium Unleaded. Once it goes to market it will be available in the Auckland, Bay of Plenty and Waikato regions, where it will replace ordinary diesel in Z's service … Price wars: Is this the cheapest fuel in New Zealand? A number of PAKnSAVE stores throughout New Zealand have onsite fuel pumps and you can find where you can fill up on their website. Display prices for which year? Cars We include overall changes to 91 octane, 95 octane & diesel prices. Otherwise it is flagged as “Final”. By contrast, the diesel landed cost has fallen 35cpl since 1 Jan and national pump prices are down 36cpl. The diesel we sell at Z is a premium grade diesel for high-speed engines - both on and off-road. The Commerce Commission Market Study into Retail Fuel found that margins were higher in premium petrol and that sales of premium petrol now represented a larger share of the market. Price data tables. Estimated discountThe estimated discount is calculated as the difference between the: The CPI data for a given quarter is released a couple of weeks after that quarter has ended. Large cars and 4WDs with high fuel consumption often will benefit from being diesel powered while smaller cars with petrol engines of around 1.6 litre capacity will generally be very fuel efficient. Fuel Cost Over 3 Years (60,000km) Petrol: $11,398.81. Call 0800 43 8383 Apply Today Menu Z Bio D is a high quality, sustainable biodiesel produced right here in New Zealand at Wiri, Auckland. This document sets out the methodology for a premium fuels margin series and some limitations for noting. The cost of discounting activity is borne by a range of parties. Our AA Experts look at how this breaks down. We would value your comments and suggestions. quarterly average retail price series produced by Statistics New Zealand. For comparison, the average price of diesel in the world for this period … The offers and loyalty programmes outlined on this page offer a variety of ways that NPD reward their customers with savings on fuel. The discounted price is calculated as the main port price less an estimated discount. GASPY is New Zealand's original fuel finding app that tells you where the cheapest fuel is in your area. Before to the introduction of the Auckland regional fuel tax on 1 July 2018, our method for monitoring weekly fuel prices and importer margins assumed that retail prices were the same across the country. Learn how the price is calculated from our team of AA Experts. Download the data used to produce the charts on this page. For every litre of petrol purchased, 77.284 cents is collected by the Government as fuel excise, excluding GST. New Zealand petrol and diesel retail prices presented here represent weekly average retail prices from Auckland, Hamilton, Wellington and Christchurch: the main port price. 2.786. 3.02 %. we forecast the quantum of the discount for the quarter, then. Get an AA Experts view. The New Zealand petrol and diesel retail prices in these charts are based on limited monitoring of service station forecourt prices by the MED. Petrol or diesel - which one should you buy. UPCOMING. RUC rates are changing for most powered and unpowered vehicles from 1 July 2020. As part of their Consumers Price Index (CPI) calculations, Statistics New Zealand surveys a selection of service stations in 12 regions of New Zealand, as well as collecting information about discounting from the major fuel retailers, to produce quarterly average prices. This adjustment has been carried back to October 2006. Because the price at the pump is dictated by refined petrol and diesel prices. Charts of the daily variability of the importer margin on regular petrol and diesel are also available, based on data provided by Hale and Twomey Ltd. Daily importer margin series [PDF, 96 KB]. Why doesn’t the fuel price drop when crude prices drop? Petrol prices are plummeting as New Zealand passes the halfway mark of the four-week lockdown. Crude oil and refined oil products are traded on international markets in US dollars. How are petrol prices calculated in New Zealand & how do the prices we pay compare with the international oil & refined fuel prices? *prices include all taxes Download image What we pay for in a gallon of: Regular Gasoline November 2020 Retail price: $2.11/gallon Diesel November 2020 Retail price: $2.43/gallon Taxes Distribution & Marketing Refining Crude Oil 23% 23% 9% 46% 23% 25% 12% 40% Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Diesel prices: We show prices for New Zealand from 12-Oct-2020 to 18-Jan-2021. 16/01/2021. 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