The Government is actively monitoring the impact international fuel prices are having on the price we're being asked to pay at the pump.

Crude oil prices have topped $100 US dollars a barrel for the first time in three years - and our petrol prices surged another 14 cents in the weekend.

Finance Minister Nicola Willis says the Government's working with key industries to keep an eye on prices, in case there's a global shock.

"We can assure New Zealanders that there's enough fuel for at least 60 days, and then beyond that - of course, fuel companies will be responsible for having their own orders in."

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The Government is actively monitoring the impact international fuel prices are having on the price we're being asked to pay at the pump.
Crude oil prices have topped $100 US dollars a barrel for the first time in three years - and our petrol prices surged another 14 cents in the weekend.
Finance Minister Nicola Willis says the Government's working with key industries to keep an eye on prices, in case there's a global shock.
"We can assure New Zealanders that there's enough fuel for at least 60 days, and then beyond that - of course, fuel companies will be responsible for having their own orders in."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/52d8775d-9863-4582-bc60-b40800634a9a/transcript