One expert warns that Kiwis will soon feel more pain at the pump.

Crude oil prices have climbed to new heights, after Saudi Arabia and Russia committed to maintaining their production cuts through to the end of 2023.

Brent oil reached $90 per barrel for the first time since November. 

NZ Herald business editor at large Liam Dann says this is the first time since 2021 that crude oil prices have surged without the tax break in place.

LISTEN ABOVE

One expert warns that Kiwis will soon feel more pain at the pump.
Crude oil prices have climbed to new heights, after Saudi Arabia and Russia committed to maintaining their production cuts through to the end of 2023.
Brent oil reached $90 per barrel for the first time since November. 
NZ Herald business editor at large Liam Dann says this is the first time since 2021 that crude oil prices have surged without the tax break in place.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.