Oil Price Monitoring

[ Last Updated 28 August 2008 ]

Short Description Daily and weekly average prices of crude oil, petrol and diesel. As at 5th September 2008.

Author Energy Information and Modelling Group, Energy and Communications Branch

Document Status

Archived

Important Notice

The information within this section is no longer current. The updated information can be found at Oil Price Monitoring.

The charts below show daily and weekly average prices of crude oil, petrol and diesel, and quarterly comparison of petrol price and taxes in OECD countries. Prices are weighted daily averages in nominal New Zealand cents per litre and take into account $US/$NZ exchange rate movements.

Data are as at the week ending 05 September 2008.

Document Table of Contents

Other Formats Available To Download

Data Used to Produce Weekly Graphs [52 kB CSV]CSV file information

Data Used to Produce Weekly Graphs [347 kB XLS][Microsoft Excel]

In order to provide weekly updates, the New Zealand petrol and diesel retail prices in these graphs are based on limited monitoring of service station forecourt prices by the MED. As such, they do not reflect all the variation due to regional pricing differences and discounts available to bulk diesel customers.

A more detailed analysis of the "importer margin" is carried out by the Ministry each quarter, using national average price data from Statistics New Zealand. This is published in the annual Energy Data File.

The data used was sourced from the following organisations: MED, US Energy Information Agency, Argus, Hale & Twomey, and the Reserve Bank of New Zealand.