Small fall in diesel and petrol stocks, jet fuel up in latest update

Petrol and diesel stocks have decreased slightly, while jet fuel stocks have risen, according to the Ministry of Business, Innovation, and Employment's latest fuel stocks update.

As at 11.59pm last Wednesday, there were 54.0 days' cover of petrol, 44.8 of diesel, and 51.4 of jet fuel either in-country or on its way.

This is compared to 56.3 days of petrol, 45.4 days of diesel, and 47 days of jet fuel in the previous update.

The update showed there were 29.6 days of petrol in-country, 19.5 days of diesel, and 28.5 days of jet fuel.

There were seven ships within New Zealand's exclusive economic zone and six on the water outside the zone.

Ships within the exclusive economic zone had 16.7 days of petrol, 10.8 days of diesel, and 1.6 days of jet fuel, while the ships up to three weeks away have 7.7 days of petrol, 14.6 days of diesel, and 21.3 days of jet fuel.

More on this topic

Fuel price pressure could mean May OCR increase, top economist says

Data shows total fuel spending in March was just over $580 million – about 10% higher than a year earlier.

Business

Sat, Apr 18

New figures reveal how much the price of fuel surged in March

Stats NZ says March saw the largest jumps since vehicle fuel price movements were first tracked in 2011.

Business

Fri, Apr 17

3:04

US seizes Iran-flagged cargo ship near Strait of Hormuz, Trump says

He said the Navy "stopped them right in their tracks by blowing a hole in the engine room". There was no immediate comment from Iran.

World

8:40am

0:33

The ministry said national fuel stocks remained stable, with sufficient stock levels across petrol, diesel, and jet fuel.

rnz.co.nz