Prime Minister Christopher Luxon is speaking at his post-Cabinet press conference from Parliament, where an update is expected on fuel supplies.
Finance Minister Nicola Willis and Associate Energy Minister Shane Jones were also due to attend.
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At 1pm on Monday, the Ministry of Business, Innovation and Employment said the country had 49.9 days' stocks of petrol, 45.5 of diesel and 44.7 of jet fuel, as of late on March 18. Combined stock was 46.9 days.
The previous update, which was accurate to March 15, showed there was 51.3 days’ worth of petrol, 47.1 days of diesel and 49 days of jet fuel.
Previously, both Luxon and Willis have said any price relief would have to be "timely, temporary, and targeted", and pointed to the Covid-19 Royal Commission report that warned against blanket financial responses during economic shocks.
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