Z and BP won't reverse price rise on Wednesday despite oil price drop

Z chief executive Mike Bennetts said when it increased its prices on Tuesday it "didn't reflect all of the increase in the price of the barrel, as we had planned to move the price by 3 cents on that day anyway".

"We took on the other 3 cents because we know it's hard when prices go up so we wanted to keep it affordable as we could," he said

https://www.stuff.co.nz/business/115...er-inventories

probably why the price was up today extra profits from the price increase