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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

The advantages and pitfalls of lower oil prices

Energy costs are coming down but other costs could be rising.

Nathan Smith
Mon, 03 Nov 2014

Low oil prices should be good for the New Zealand economy but a number of snags can also be expected, say analysts.

Oil prices rose slightly in the final week of October, nudging $87 a barrel on the Brent crude index (WTI $82). This follows a precipitous drop over the past month in which benchmark

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Nathan Smith
Mon, 03 Nov 2014
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The advantages and pitfalls of lower oil prices
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