Gatepost

Full year · 53 weeks

Petrol prices in 2016

Regular 91 averaged 176.2c a litre in 2016, diesel 101.1c.

High 189.7cLow 161.7cvs 2015 −12.6c
Average pump prices in 2016GATEPOSTc/L91176.295190.5DIESEL101.1Yearly average · 53 weeks · MBIE
2016 among all years: 32% from the cheapest to the dearest118.8c · cheapest year298.1c · dearest176.2
MBIE Weekly fuel price monitoring, week to 25 September 2026 (provisional), read via Figure.NZ.

The year in numbers

Dubai crude averaged US$41 a barrel in 2016, its lowest since 2004, and 91 averaged 176.2c, the cheapest year since 2009. Path of 91: 173.5c on 1 January, a high of 189.7c on 30 December, a low of 161.7c on 19 February, 189.7c by 30 December. +6.6c in the week to 18 March was the year's biggest weekly rise; −6.3c to 15 July its biggest fall.

Weekly pump prices in 201675c100c125c150c175c200c1 Jan1 Apr1 Jul30 Sep30 Dec
Regular 91DieselPremium 95
Adjusted retail price, cents a litre. MBIE Weekly fuel price monitoring, week to 25 September 2026 (provisional), read via Figure.NZ.

Cost and margin

MBIE's Dubai benchmark averaged US$41 in 2016; one NZ dollar bought US69.7 cents. MBIE's importer margin on 91 averaged 28.2c a litre in 2016. The 95 premium over 91 averaged 14.3c in 2016.

Tax and diesel

Excise, levies, ETS and GST: 91.9c on 91 in 2016, a 52% share. The 67.1c tax line on 91 did not move in 2016. Diesel undercut 91 by 75.2c in 2016, with RUC paid separately. Diesel moved between 81.7c (22 January) and 118.5c (30 December).

Every week of 2016

Weekly national average, cents a litre, 2016
Week to9195Diesel
30 Dec 2016189.7204.3118.5
23 Dec 2016189.3203.9118.1
16 Dec 2016187.3201.9116.1
9 Dec 2016184.3198.9113.1
2 Dec 2016180.6193.9109.3
25 Nov 2016177.7192.3106.5
18 Nov 2016175.2189.7103.9
11 Nov 2016178.0192.6106.8
4 Nov 2016184.0198.6113.2
28 Oct 2016185.2199.7114.9
21 Oct 2016184.9199.4114.6
14 Oct 2016180.9195.4110.6
7 Oct 2016177.0191.6106.8
30 Sep 2016177.2191.1104.3
23 Sep 2016178.3192.0104.5
16 Sep 2016178.3192.0104.5
9 Sep 2016178.3192.0104.5
2 Sep 2016179.8193.4107.5
26 Aug 2016177.9191.6107.1
19 Aug 2016174.5188.2103.7
12 Aug 2016168.8182.698.0
5 Aug 2016167.3181.096.5
29 Jul 2016169.1182.798.2
22 Jul 2016173.3187.0100.5
15 Jul 2016173.3187.0100.5
8 Jul 2016179.6193.3105.5
1 Jul 2016178.9193.2104.4
24 Jun 2016177.3192.1104.5
17 Jun 2016180.8195.5108.7
10 Jun 2016182.9197.7107.5
3 Jun 2016185.1199.8109.6
27 May 2016183.3198.1107.9
20 May 2016180.3195.1103.7
13 May 2016177.8192.5100.3
6 May 2016176.1190.897.5
29 Apr 2016175.5190.295.5
22 Apr 2016174.6189.493.2
15 Apr 2016174.9189.793.5
8 Apr 2016171.3186.189.9
1 Apr 2016174.0188.497.8
25 Mar 2016174.7188.999.5
18 Mar 2016174.7188.999.5
11 Mar 2016168.1182.393.0
4 Mar 2016164.7178.989.5
26 Feb 2016161.7175.986.5
19 Feb 2016161.7175.985.2
12 Feb 2016165.1179.383.5
5 Feb 2016170.7184.983.5
29 Jan 2016169.0183.281.8
22 Jan 2016168.6182.781.7
15 Jan 2016171.3185.585.4
8 Jan 2016172.7186.991.0
1 Jan 2016173.5187.595.1

Quick facts, 2016

Average fuel price, 2016?

On MBIE's 53 weekly readings: 176.2c for 91, 101.1c for diesel, 190.5c for 95.

2016: the dearest week?

Week to 30 December 2016: 189.7c for 91. Diesel's top was 118.5c, week to 30 December 2016.