Rebounding crude oil prices, the weather-related shut down of refineries in the United States, Covid-19 vaccine roll-outs and improving economic confidence have combined to impact on motorists. “You’d expect there maybe some increase or pressure on fuel prices as economies start to recover and vaccination programmes roll-out around the world. Photo: Geoff SloanBefore Covid-19 reached New Zealand, the average price of 91 octane was about $2.15 a litre. Last February crude oil was $US50 a barrel, down from $US61 at the start of the year. A barrel of Brent crude oil was quoted at $US65 a barrel on OilPrice.com yesterday.

Source: Otago Daily Times February 25, 2021 20:15 UTC