Economic weather report: NZ petrol rise not rising as fast as oil price

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Uploaded by on Aug 16, 2009

Bernard Hickey delivers an economic weather report showing why the price of unleaded petrol has not risen nearly as fast as the price of Dubai oil in US dollar terms in the last two months. Drivers can thank the stronger New Zealand dollar.
Here's the full interactive chart for both Dubai oil and the unleaded petrol price. http://www.interest.co.nz/charts/gallery0-30.asp

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