Updated: 23 Mar 2026 PHASE 1 — MINOR
LIVE ⛽ Petrol: 49.9d total (onshore + on-water) | 🚛 Diesel: 45.5d total (onshore + on-water) | ✈️ Jet Fuel: 44.7d total (onshore + on-water) | 📦 Combined total: ~46d nationwide | 🚢 8 vessels by Apr 1 — Mar 19–25: 7 vessels (20d petrol, 16d diesel, 12d jet) | Mar 26–Apr 1: 1 vessel (4d diesel, 10d jet, no petrol) | 🌐 IEA Collective Action: 400M bbl release activated 11 Mar 2026 | 📍 MSO: Petrol 28d ✓ | Diesel 21d ✓ | Jet Fuel 24d ✓ LIVE ⛽ Petrol: 49.9d total (onshore + on-water) | 🚛 Diesel: 45.5d total (onshore + on-water) | ✈️ Jet Fuel: 44.7d total (onshore + on-water) | 📦 Combined total: ~46d nationwide | 🚢 8 vessels by Apr 1 — Mar 19–25: 7 vessels (20d petrol, 16d diesel, 12d jet) | Mar 26–Apr 1: 1 vessel (4d diesel, 10d jet, no petrol) | 🌐 IEA Collective Action: 400M bbl release activated 11 Mar 2026 | 📍 MSO: Petrol 28d ✓ | Diesel 21d ✓ | Jet Fuel 24d ✓
1
MINOR
Supply is stable. Stocks above MSO minimums. Monitor and prepare.
2
MODERATE
Supply constraints emerging. Industry voluntary measures activated.
3
MAJOR
Significant disruption. Government demand restraint measures engaged.
4
SEVERE
Critical shortage. Full emergency rationing and allocation measures.

⛽ PETROL

49.9d
Onshore 28.1d
On-water 23.3d
MSO Required 28d

🚛 DIESEL

45.5d
Onshore 22.7d
On-water 24.3d
MSO Required 21d

✈️ JET FUEL

44.7d
Onshore 25.6d
On-water 23.4d
MSO Required 24d

Onshore Stock vs Minimum Obligation

Petrol
28.1d
Diesel
22.7d
Jet Fuel
25.6d
Red line = MSO minimum threshold
MSO Compliance ALL MET ✓
National Fuel Plan Phase 1 — Minor
Supply Disruption MONITORING
IEA Collective Action ACTIVE

Full Stock Breakdown

Type Petrol Diesel Jet Fuel
Onshore 28.1d22.7d25.6d
On-water 23.3d24.3d23.4d
Total 49.9d45.5d44.7d
MSO Min. 28d21d24d
Buffer +0.1d+1.7d+1.6d
Period Vessels Petrol Diesel Jet
Mar 19–25720d16d12d
Mar 26–Apr 114d10d
Excludes shipments >2 weeks out. Source: MBIE 23 Mar 2026.

Energy Commodity Prices (Live)

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IEA Collective Action

400M bbl
Global strategic oil reserve release to stabilise supply
Activated 11 Mar 2026
Cause Middle East conflict
Purpose Refinery crude access
NZ Obligation Oil tickets released ✓
IEA 90-day total MET via onshore + oil tickets
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Short Term

All fuel types remain above MSO minimums. Combined nationwide cover is ~49 days. MBIE assessed the situation as Phase 1 (Minor) as of 20 March 2026. 11 vessels are scheduled to arrive within 2 weeks, bringing substantial new stock.

Watch Points

The Strait of Hormuz disruption continues to affect crude supply to Asian refineries. Onshore petrol buffer above MSO is thin (+0.1d). The Mar 23–29 vessel window shows only 1 petrol cargo with no diesel or jet fuel — a critical gap to monitor as MBIE updates data on 25 March.

Global Context

IEA activated 400M bbl collective action on 11 March 2026. NZ fulfilled obligations via oil tickets. Brent crude has stabilised around US$88/bbl after peaking near US$120. Retail petrol in NZ has risen ~55 cents/litre and diesel ~90 cents/litre since the conflict began. No stockpiling behaviour observed.

Gaspy — Live NZ Fuel Price Map gaspy.nz ↗
Hormuz Boat Live Tracker marinevesseltraffic.com ↗