ZEL - Z Energy.

[bull....]

Nov 4. (Reuters) - The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness sapping demand worldwide...

https://uk.reuters.com/article/uk-global-oil-rally/oil-rally-faces-tidal-wave-of-supply-idUKKCN1N904U

im surprised the govt is not bleating about consumers being fleeced when you consider the price of oil has fallen so much? and petrol prices at pumps are still at all time highs.

[Sideshow Bob]

im surprised the govt is not bleating about consumers being fleeced when you consider the price of oil has fallen so much? and petrol prices at pumps are still at all time highs.

And also the currency has risen - now in mid 66's.

Fast to put it up, always lag putting it down.

[bull....]

And also the currency has risen - now in mid 66's.

Fast to put it up, always lag putting it down.

lol so true , good old rip off nz on full show again

[bull....]

And also the currency has risen - now in mid 66's.

Fast to put it up, always lag putting it down.

yes so true, rip off nz consumers is evident on every street corner

[steveb]

there is another aspect of the Z discounting that worries me.When they have a special (like 10cents off).The price of fuel is reduced on their signage by the 10cents,you fill up then find out you don't get the discount without producing a flybuys card.What happens if you don't have one,do you ask for the petrol to be taken out!

[couta1]

I'm back in on this one after 4 yrs, it's way oversold.

[Bobdn]

Hamish Rutherford might need to update this article, after the last couple of days. We're way past a $500M loss now.

https://www.stuff.co.nz/business/108...more-than-500m

I wonder what industry is next for Government attention? Hard to know where to invest just now.

[couta1]

Hamish Rutherford might need to update this article, after the last couple of days. We're way past a $500M loss now.

https://www.stuff.co.nz/business/108...more-than-500m

I wonder what industry is next for Government attention? Hard to know where to invest just now.

CNU must be due for another examination.Lol

[Bobdn]

CNU must be due for another examination.Lol

Yeah, the thought has crossed my mind I think CNU is ok for a year or two, fingers crossed.

[Beagle]

im surprised the govt is not bleating about consumers being fleeced when you consider the price of oil has fallen so much? and petrol prices at pumps are still at all time highs.

And also the currency has risen - now in mid 66's.

Fast to put it up, always lag putting it down.

A major rort being perpetrated on N.Z. motorists now by both Cindy's kindy and the fuel companies. Absolutely scandalous when oil has been tracking down steadily for weeks now and the currency steadily heading higher. You can see why people are updating to more fuel efficient vehicles with blatant highway robbery going on left right and center. Pity the poor consumers who have to use 98 Octane fuel which is another scandal all of its own with the premium over 91 often being more than 30 cents per liter ! No wonder I can't get much as a trade-in for my Chrysler SRT8 V8 that drinks 98 Octane like a fish on steroids.