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Commodities

Commodities

15 articles

Oil product tanker arriving at Auckland's Waitemata Harbour at dawn, CBD waterfront silhouetted on the horizon
Monetary Policy · 15/06/2026 · 15:42 NZT

Iran-US MOU Offers Conditional Petrol Price Relief for New Zealand Households

A memorandum of understanding between the United States and Iran has cut Brent crude prices from near US$93 a barrel to US$83-87, creating scope for New Zealand 91 petrol to fall toward $2.80 a litre if tanker traffic through the Strait of Hormuz resumes and insurance markets normalise. The relief remains conditional on sustained de-escalation and carries direct implications for the Reserve…

Analysis Desk15/06/2026 · 15:42 NZT18 min
Auckland supermarket produce aisle showing kiwifruit, kumara and greens under warm overhead lighting, shopper reaching for bananas.
Economic Data · 18/05/2026 · 13:27 NZT

Food Prices Flat in April 2026 as Long-Term Costs Rise

New Zealand food prices stayed flat in April 2026, rising just 2.6 per cent over the year — the softest annual pace since February 2025 — according to Stats NZ data that highlights how government-mandated shifts continue to drive up household costs.

Data Desk18/05/2026 · 13:27 NZT7 min