Full year · 52 weeks
Petrol prices in 2023
Regular 91 averaged 262.9c a litre in 2023, diesel 213.7c.
Averages and extremes
Excise came back in full at the end of June 2023, and 91 still averaged slightly less than the year before: 262.9c, −5.7c. Path of 91: 243.2c on 6 January, a high of 301.9c on 29 September, a low of 235.8c on 19 May, 265.8c by 29 December. The board moved most on 7 July (+21.1c) and, the other way, on 12 May (−5.7c).
Import side
Dubai crude averaged US$82 a barrel in 2023, with the dollar at US61.4 cents. MBIE's importer margin on 91 averaged 35.7c a litre in 2023. The 95 premium over 91 averaged 18.0c in 2023.
The tax share
45% of the average 2023 price of 91 was tax and levies (117.4c a litre). MBIE's 91 taxes-and-levies line in 2023: 55.7c to 62.9c in the week to 30 June; 62.9c to 80.8c in the week to 7 July. Diesel ran 49.2c under 91 in 2023; excise explains most of it. Diesel: high 238.9c (29 September), low 188.7c (23 June).
Every week of 2023
| Week to | 91 | 95 | Diesel |
|---|---|---|---|
| 29 Dec 2023 | 265.8 | 282.4 | 205.4 |
| 22 Dec 2023 | 266.1 | 283.2 | 205.8 |
| 15 Dec 2023 | 268.1 | 285.3 | 207.6 |
| 8 Dec 2023 | 273.0 | 290.1 | 213.8 |
| 1 Dec 2023 | 276.7 | 294.5 | 218.1 |
| 24 Nov 2023 | 279.7 | 297.4 | 221.4 |
| 17 Nov 2023 | 282.6 | 300.3 | 225.4 |
| 10 Nov 2023 | 285.6 | 302.6 | 229.3 |
| 3 Nov 2023 | 286.8 | 304.1 | 230.9 |
| 27 Oct 2023 | 287.6 | 305.0 | 231.0 |
| 20 Oct 2023 | 289.4 | 306.7 | 231.6 |
| 13 Oct 2023 | 292.4 | 309.4 | 233.8 |
| 6 Oct 2023 | 296.7 | 313.6 | 235.3 |
| 29 Sep 2023 | 301.9 | 319.3 | 238.9 |
| 22 Sep 2023 | 301.0 | 318.3 | 236.9 |
| 15 Sep 2023 | 296.5 | 314.0 | 230.3 |
| 8 Sep 2023 | 293.4 | 310.9 | 226.4 |
| 1 Sep 2023 | 290.9 | 308.2 | 222.7 |
| 25 Aug 2023 | 288.6 | 306.3 | 219.8 |
| 18 Aug 2023 | 286.4 | 304.1 | 216.7 |
| 11 Aug 2023 | 281.3 | 299.1 | 209.2 |
| 4 Aug 2023 | 277.8 | 295.6 | 200.7 |
| 28 Jul 2023 | 272.4 | 290.1 | 194.2 |
| 21 Jul 2023 | 266.8 | 284.4 | 189.1 |
| 14 Jul 2023 | 264.3 | 281.6 | 188.9 |
| 7 Jul 2023 | 264.6 | 281.6 | 189.4 |
| 30 Jun 2023 | 243.5 | 260.8 | 188.9 |
| 23 Jun 2023 | 238.6 | 256.5 | 188.7 |
| 16 Jun 2023 | 238.6 | 256.8 | 188.9 |
| 9 Jun 2023 | 238.8 | 257.1 | 189.2 |
| 2 Jun 2023 | 239.3 | 257.3 | 189.4 |
| 26 May 2023 | 236.3 | 255.2 | 189.1 |
| 19 May 2023 | 235.8 | 255.1 | 188.7 |
| 12 May 2023 | 239.6 | 258.7 | 191.6 |
| 5 May 2023 | 245.4 | 264.5 | 198.4 |
| 28 Apr 2023 | 248.9 | 267.3 | 206.7 |
| 21 Apr 2023 | 249.3 | 267.9 | 209.6 |
| 14 Apr 2023 | 248.8 | 267.7 | 210.2 |
| 7 Apr 2023 | 246.2 | 265.4 | 210.5 |
| 31 Mar 2023 | 241.8 | 261.4 | 211.1 |
| 24 Mar 2023 | 243.1 | 262.9 | 215.0 |
| 17 Mar 2023 | 244.8 | 264.3 | 219.6 |
| 10 Mar 2023 | 245.7 | 265.0 | 220.7 |
| 3 Mar 2023 | 246.0 | 265.1 | 222.3 |
| 24 Feb 2023 | 245.3 | 264.5 | 223.7 |
| 17 Feb 2023 | 247.2 | 265.4 | 224.8 |
| 10 Feb 2023 | 246.9 | 265.4 | 226.1 |
| 3 Feb 2023 | 248.0 | 266.2 | 228.0 |
| 27 Jan 2023 | 247.9 | 265.5 | 228.3 |
| 20 Jan 2023 | 243.0 | 260.7 | 228.3 |
| 13 Jan 2023 | 242.9 | 260.8 | 229.9 |
| 6 Jan 2023 | 243.2 | 261.3 | 230.7 |
The excise cut of 2022 and 2023 and its legal dates are on the tax docket.
What people ask about 2023
How dear was petrol across 2023?
On MBIE's 52 weekly readings: 262.9c for 91, 213.7c for diesel, 280.9c for 95.
The 2023 high for 91?
301.9c for 91 (29 September 2023) and 238.9c for diesel (29 September 2023).