In October, we saw driver rage as the petrol price went up by 40 cents a litre in a mere 6 weeks. Since then, there have been 12 price cuts in a row. Portfolio Manager David Lewis examines what's driving this phenomenon and looks at where prices may be headed next.
Disclaimer: This is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to an Authorised Financial Adviser. Please note past performance is not a guarantee of future performance.
Disclosure of interest: Milford Funds Ltd. holds shares in Air NZ, Origin Energy and Woodside Petroleum on behalf of clients.
