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30 Jun 2025 20:41
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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

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     28 Jun: The weather's still causing problems for roads at the top of the South Island
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     Today's News

    		 Business:
    China's EV newcomer Xiaomi sells nearly 300,000 SUVs in an hour 20:17

     Tennis:
    Defending men's champion Carlos Alcaraz is confident he has the ability to push for a third straight Wimbledon title at the All England club 18:57

     Business:
    The Finance Minister says changes to the FamilyBoost scheme are on their way - after Cabinet made decisions today 18:37

     Netball:
    The Stars aren't over-thinking what the Mystics will serve up in netball's ANZ Premiership derby in Auckland tonight 18:27

     Law and Order:
    A 31-year-old man's in custody - in connection to a homicide investigation into a man's death, after being found critically injured in Auckland's Otahuhu 18:07

     Business:
    Transpower's dispelling worries Kiwis might not have enough power next winter 18:07

     Rugby:
    Tamaiti Williams has become the latest All Black to play through the pain in a Super Rugby final - then pay for it later 17:27

     Education:
    I went back to teaching after working for myself 17:07

     Tennis:
    Tennis world number two Carlos Alcaraz is determined to hit the ground running as his quest for a third straight Wimbledon crown gets underway overnight 16:57

     International:
    China forces young Tibetan children to indoctrination boarding schools to push state propaganda, report finds 16:47

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