Petrol prices have fallen again, just days after 91 octane fell below $2 a litre.
Photo: RNZ
Prices were now mainly about $1.97 cents for 91 octane and diesel was about $1.30 a litre.
The fall was mainly due to a bigger supply of fuel.
Some of this stemmed from booming shale oil and gas production in the United States.
Petrol prices are continuing to slide, with at least two more companies selling 91 octane at under $2 a litre for the first time in more than two years. Audio
Petrol prices should fall below $2 a litre before Christmas - a level they haven't hit for nearly three years, motoring lobby group the Automobile Association says.
Petrol prices continue to tumble, with oil giants BP, Z Energy and Caltex announcing new cuts today. Both have lowered the cost of petrol by two cents to $2.08.
Petrol and diesel prices at New Zealand pumps have hit a new low for 2014 as world oil prices plummet with the cost of petrol falling two cent to about $2.10 a litre, yesterday.
The AA says an international oil glut does not mean prices will fall in New Zealand. Petrol prices in Australia has dropped from $1.58 Australian per litre in July to $1.44.
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