18 Dec 20 - Strong Australasian Economic Data | Z Energy & NZR Dispute Global markets resumed their rally overnight (S&P 500 index +0.6%) as US stocks rose to records after data showing a further slowdown in the labour market stoked bets Congressional leaders will clinch a deal on federal spending. Z Energy (ZEL:NZX / ZEL:ASX) Fuel retailer Z Energy fell -4% yesterday on its continued dispute with Refining NZ over its processing agreement with the refinery.  The dispute between NZR and ZEL moved up a notch yesterday. The company has stopped paying fee floor payments saying it is unable to access the full capacity of the refinery, or be compensated for it. Meanwhile, Refining NZ has said its customers should be paying $70 million more than they have been. Refining NZ shares were unchanged at 57 cents. The dispute hinges around NZR’s plan to drop its 135kbbl/day output (plus bitumen) to just 90kbbl/day (with no bitumen) without reducing the processing fee flo...