The latest update shows national fuel stocks remain stable with sufficient stock levels across petrol, diesel and jet fuel. Total stocks are lower for all fuel types since the previous update. This is the sort of variation we would expect to see when international shipping is operating as usual, without the current Middle East situation. Movements remain within expectations and show normal patterns.

While the total stock for diesel is down, the stock in country and within our EEZ is almost as high as it has ever been since the Middle East conflict started. There is also a ship currently loading diesel in Singapore and this will be on the way to New Zealand shortly.

We can expect fuel stocks in the country to decline over the next few weeks as fuel tankers are on the way to New Zealand to replenish them. This is normal and is how fuel companies manage their daily business, with fuel distributed around the country and then replenished by incoming imports. Fuel tanks are not kept at 100% capacity all the time.

Data will next be updated on the afternoon of Monday 27 April.