
Petrol up, diesel and jet fuel down in latest NZ stocks update
Story Summary
AINew Zealand's fuel stock levels showed mixed movements in the latest update from the Ministry of Business, Innovation, and Employment, with petrol reserves increasing while diesel and jet fuel supplies dipped slightly. Total petrol stocks rose to 51.0 days of cover from 49.4 days in the previous update, while diesel stocks fell from 47.7 days to 44.3 days and jet fuel decreased marginally from 55.1 days to 54.1 days.
MBIE officials emphasised that these fluctuations represent normal shipping patterns and routine variations, consistent with expected movements even without Middle East tensions affecting global fuel markets. The ministry noted that stock movements followed recent fuel shipment arrivals and that levels are now beginning to be drawn down as expected. In-country fuel holdings showed decreases across all categories, with 32.0 days of petrol, 23.5 days of diesel, and 31.8 days of jet fuel currently held within New Zealand's borders.
The country's fuel supply pipeline remains robust, with eleven ships contributing to reserves including three vessels within New Zealand's exclusive economic zone and eight more en route. These incoming shipments are expected to boost fuel reserves over the coming weeks, with further planned arrivals ensuring regular supply continuity despite ongoing global uncertainties.
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