Petrol price

The price of petrol will decrease by 12 cents a litre while diesel will see an increase of at least 98c/l on Wednesday.

“The impact of these two factors was not that significant as the average price of crude oil only decreased slightly during the period under review and is still high. “The average Brent Crude oil price decreased from $109.37 to $104.78 during the period under review. Furthermore, the US announced the release of crude oil strategic stocks to curb crude oil price increases,” the department said.

The price of petrol -- both 93 and 95 -- will decrease by 12 cents a litre.

Gas will increase by a maximum of 69 cents a kilogram. The price of illuminating paraffin will increase by R1.49 a litre. The price of petrol — both 93 and 95 — will decrease by 12 cents a litre.

International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, ...

However, the total fuel levy will remain 244.00 c/l for petrol and 230.00 c/l for diesel during this period. “This led to lower contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by 10.18 c/l, 11.96 c/l and 11.57 cents per litre, respectively,” the Department added. There’s some good news for motorists after the Department of Mineral Resources and Energy announced that the price of petrol will decrease by 12 cents a litre from Wednesday, 4 May, however, diesel will increase.

New Delhi: Petrol and diesel prices were unchanged for the 27th consecutive day on Tuesday across metro cities. In Delhi, a litre of petrol costs ₹ 105.41, ...

Any changes in fuel prices are implemented with effect from 6 am every day. Petrol and diesel prices were unchanged for the 27th consecutive day on Tuesday across metro cities. Fuel prices are the highest in Mumbai among all four metro cities. - Petrol, Diesel Prices Today In India: Fuel Rates Unchanged For 20 Days In A Row - Petrol, Diesel Prices Kept Unchanged For 26 Days In A Row. See Rates Petrol now costs ₹ 110.85 in Chennai, while diesel price stands at ₹ 100.94. In Kolkata, petrol is retailed at ₹ 115.12 and diesel is sold at ₹ 99.83.

Petrol prices will go down by a few cents from Wednesday, the Department of Mineral Resources and Energy has confirmed.

“The primary transport tariffs applicable to the transport of petrol and diesel mainly using the pipeline network will increase. “The annual adjustments to road transport tariffs applicable in petrol, diesel and IP price structures will range from a decrease of 33.4 c/l in Gordonia South Magisterial District Pricing Zone to an increase of 3.0 c/l (Zone 9C-Gauteng),” the department said in a statement. Both 93 and 95 UPL petrol will decrease by 12 cents per litre, however, the price of diesel will go up by 98 and 92 cents per litre for 0.05% and 0.005% sulphur, respectively.

Mineral resources and energy minister Gwede Mantashe on Tuesday announced the adjustment of fuel prices based on local and international factors. “SA's fuel ...

“The impact of these two factors was not that significant as the average price of crude oil only decreased slightly during the period under review and is still high. “The average Brent Crude oil price decreased from $109.37 to $104.78 during the period under review. Furthermore, the US announced the release of crude oil strategic stocks to curb crude oil price increases,” the department said.

The price of paraffin is expected to increase by 93.85 cents a litre. The Energy Department's Robert Maake said the sanctions against Russia following that ...

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Further, consumers can expect the wholesale price of paraffin to increase by 79.60 cents per litre, with its retail price to cost R1.49 more this month. The ...

“The average international product prices of petrol decreased, while diesel and IP (illuminating paraffin) increased due to a shortage of middle distillates in the market. The Department of Mineral Resources and Energy (DMRE) has announced that from Wednesday consumers can expect the price of a litre of petrol – both 93 and 95 – to be 12 cents cheaper and that of diesel to be 92 cents (0.005% sulphur) and 98 cents (0.05%) more expensive. “The main contributing factor to high crude oil prices is the concern caused by continued Russia/Ukraine conflict, as Russia is one of the biggest global exporters of oil,” the DMRE says in a statement released on Tuesday.

This is due to oil prices, international petroleum product prices, the rand-dollar exchange rate and the short-term relief measure.

“The impact of these two factors was not that significant as the average price of crude oil only decreased slightly during the period under review and is still high. “The average Brent crude oil price decreased from $109.37 to $104.78 during the period under review. Furthermore, the US announced the release of crude oil strategic stocks to curb crude oil price increases,” the department said.

Local fuel prices are determined by international oil prices, as well as foreign exchange rates because South Africa purchases the product in United States ...

Local fuel prices are determined by international oil prices, as well as foreign exchange rates because South Africa purchases the product in United States dollars. Gas will cost 69 cents more per kilogramme, the department said. The retail price of petrol will decrease by 12 cents a litre from Wednesday for both the 93 and 95 octane grades, the department of minerals, resources and energy said on Tuesday, citing both local and international factors including Covid-19.

The Department of Energy has published the fuel price adjustments for May 2022, showing a slight decline for petrol, while diesel vehicle owners in South ...

Increase of 82 cents per litre Increase of 80 cents per litre Increase of 88 cents per litre Increase of 92 cents per litre Increase of 94 cents per litre Increase of 98 cents per litre Decrease of 15 cents per litre Decrease of 12 cents per litre Decrease of 15 cents per litre Decrease of 12 cents per litre Because of the different transport tariff adjustments to be effective on 4 May 2022, price changes to similar products will differ in the 54 Magisterial District Pricing Zones,” it said. The impact of these two factors was not that significant as the average price of crude oil only decreased slightly during the period under review and is still high, the department said.

The Department of Mineral Resources and Energy has announced a slight drop in the price of petrol for May.

The impact of these two factors was not that significant as the average price of crude oil only decreased slightly during the period under review and is still high.” “Furthermore, the US announced the release of crude oil strategic stocks to curb crude oil price increases. The department says Covid-19 restrictions in China have led to the drop in the demand for brent crude oil – making it possible to drop the price of petrol.

The AA said the decreases to petrol are welcome and will offer some relief in the short term.

“Of concern, however, are the high increases to diesel and illuminating paraffin which will, undoubtedly, put extra financial pressure on millions of South Africans already struggling to make ends meet. “The average international product prices of petrol decreased while diesel and illuminating paraffin increased during the period under review. Mineral Resources and Energy Minister Gwede Mantashe on Tuesday announced a 12c/litre decrease to both grades of petrol.

The good news is that the petrol price will drop with effect from midnight on Wednesday. The bad news is that the price for diesel and illuminating paraffin ...

South Africa’s producer price index raced to a 13-year high of 11.9% in March, while consumer inflation is just inside the central bank’s 3% to 6% target range. This bit of relatively good news has been overshadowed by the increase in diesel and paraffin prices. The idea of petrol costing more than R20 a litre is still a shock to most South Africans.

National average for petrol prices rose 9.3 cents to 178.2 cents a litre in the past week, the second weekly increase in a row.

The national average for petrol prices rose 9.3 cents to 178.2 cents a litre in the past week, the second weekly increase in a row, although still comfortably below the $2-mark at this stage The CoreLogic national home value index rose just 0.6 per cent in April with the annual rate slowing to 16.7 per cent The CoreLogic national home value index rose just 0.6 per cent in April with the annual rate slowing to 16.7 per cent. The anticipated modest increase in the cash rate from a record low 0.1 per cent is expected to be followed by increases of 0.25 per cent in subsequent months. Financial markets are fully priced for a 0.15 per cent rise in the cash rate to 0.25 per cent after annual inflation surged to 5.1 per cent. The Australian Institute of Petroleum said the national average for petrol prices rose 9.3 cents to 178.2 cents a litre in the past week, the second weekly increase in a row, although still comfortably below the $2-mark at this stage.