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Friday, October 17

Shell slashes price of petrol

Shell cut petrol by 8 cents a litre and diesel by 6 cents today.

The price cut, which came into effect at 11.30am, takes Shell unleaded petrol to $1.81.9 a litre and diesel to $1.35.9.

"While crude oil has been steadily falling, we are now seeing the decrease flow through into the cost of refined product," said Shell spokesman Kylie Reeves.

"The kiwi dollar has also stabilised over the last couple of days, helping us to pass on this significant saving to motorists."