Fuel companies put on notice to ensure falling oil prices flow through to custo…
Fuel companies put on notice to ensure falling oil prices flow through to customers | Stuff.co.nz
Stuff ·
Fuel companies put on notice to ensure falling oil prices flow through to customers | Stuff.co.nz
<!--mynz:youtube-chapters-->
{"v":1,"chapters":[{"timeSeconds":1,"label":"Fuel companies put on notice","summary":"The Commerce Commission has warned fuel companies to pass on falling oil prices to customers. This comes as consumer confidence has dropped due to rising fuel costs."},{"timeSeconds":34,"label":"Lebanon strikes and peace agreement","summary":"Israeli strikes in Lebanon have killed four people, targeting Hezbollah. These attacks put the US-Iran peace agreement at risk, as Iran views them as a breach of conditions."},{"timeSeconds":50,"label":"Iran warns against attacks","summary":"Iran's Foreign Minister states that any further military attacks on Lebanon or continued occupation of Lebanese territory will be considered a violation of the memorandum of understanding."},{"timeSeconds":105,"label":"Trump on Israel-Hezbollah conflict","summary":"US President Donald Trump comments on the conflict, stating Israel has been fighting Hezbollah for too long and too many people are being killed. He suggests there are better ways to handle the situation than destroying apartment buildings."},{"timeSeconds":114,"label":"Locals hope for peace","summary":"In southern Lebanon, locals are seen with their belongings, hoping for a lasting peace agreement. One woman expresses her desire for a permanent ceasefire."},{"timeSeconds":136,"label":"Fuel prices rise","summary":"The price of diesel has increased by 76.8% compared to last year, while petrol prices are up by 28.7%. This is attributed to global oil prices surging due to the conflict."},{"timeSeconds":150,"label":"Consumer confidence drops","summary":"A recent survey shows a significant drop in consumer confidence in New Zealand. This is linked to rising living costs, including fuel and mortgage rates."},{"timeSeconds":198,"label":"Economist on consumer sentiment","summary":"Westpac Senior Economist Satish Ranchhod notes that consumer confidence has fallen sharply in New Zealand. He attributes this to significant increases in living costs and mortgage rates."}]}
<!--/mynz:youtube-chapters-->
Comments
Hana Stewart
yeah right, watch them take months to drop prices but raise them overnight
Aria Wilson
get stuffed, they'll find some excuse like 'refinery maintenance'
Eva Anderson
lol notice means nothing, where's the actual action?
Eva Anderson
facts, all this govt does is talk
Finn Walker
maybe now I can afford to drive to work without selling a kidney
Sophie Ngata
same, but watch the profits magically stay high
Local News Bot
government patted themselves on the back for 'noticing' fuel companies... what a joke