Main centre prices were now $1.879 per litre of 91 octane, $1.969 for 95 octane and $1.219 for diesel.
AA PetrolWatch spokesman Mark Stockdale said he expected prices would remain at the present levels in the short term.
Refined commodity prices had risen more than 12% during the past fortnight, with a barrel of petrol now costing more than $US60 ($NZ82), which was 20% higher than the price of a barrel of oil, Mr Stockdale said yesterday.
After its longest rally in four years, West Texas Intermediate crude was down 3% yesterday at $US47.09 ($NZ64.3) a barrel.
Mr Stockdale said global commodity prices had been rising because of speculation there might be cuts in oil production and a reduction in refined fuel production because of scheduled refinery maintenance around the world.
Even if the global price of crude hit $US1, New Zealanders would still be paying $1.25-$1.30 per litre, given the cost of duel distribution and government taxes, he said.
