It's probably more a reflection of the cost per unit to refine and supply the stuff, as opposed to the cost of the raw product/crude. With volumes way down, most in the industry will be running severe losses.
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Fuel consumption started to grow
petrol prices to high , oil is crashing
Z themselves in HY Announcement to NZX said NTA was $0.06
Probably a mistake but Wish they’d do these things to pump prices ;)
Bad day for Debra thst half time .... she had to correct the dividend notice to the NZX ...but nobody told her about the NTA