Gull has launched a major discount.

New law seeks greater competition in petrol industry and cheaper prices for motorists.

The cost of filling up will increase around the country on July 1.

National says Govt should give motorists a break, with price increase due in July.

The impact of coronavirus on the oil market is a major factor behind the fuel price drop.

Oil prices have plummeted following the virus outbreak, driving down the price of fuel.

Two big chains have reduced what motorists pay at the pump after an oil price plunge.

Oil prices plunged as much as 30 per cent as markets opened this morning.

AA says motorists are paying up to 40 cents more at the pump for premium petrol.

The cheap prices won't last for long - from 7am Thursday until midday Friday.

Crude prices dropped 6 per cent as Saudi Arabia said repairs would take only three weeks.

Economist Cameron Bagrie warned prices could reach $3 a litre in a worst-case scenario.

Motorists at Gull Kingsland thought they would get in quick before prices surge.

Airfares could also increase as consumers await market response.

Great Barrier residents are still paying for $3 upwards, per litre, for petrol.

The PM is vowing to act, but how far can the Government drive down fuel prices?

More official interest rate cuts are in store despite an expected lift in the quarter CPI.

Fuel prices aren't budging in the central city a week on from Waitomo opening.

Kiwis will have to go elsewhere for their Smartfuel discounts.

Government needs to determine whether the big oil companies are in genuine competition.

The highest price in Wellington today was $2.35 for 91.

Low costs at the new fuel stop shouldn't be seen as a good thing, Iona Pannett says.

Gull is gearing up to open service stations in the South Island.

The national carrier has launched $19 one-way fares on its Grabaseat platform.

The City of Sails has not seen prices this low since June.

Government has begun the official process of investigating the petrol industry.