Petrol price

South African motorists and consumers will face another bleak month at the pumps and tills as the price of fuel will rise by more than R2 per litre again in ...

To ease the pressure on consumers, the government will implement the temporary reduction in the general fuel levy of 75 cents per litre until 3 August, which was announced due to the ongoing Russia - Ukraine conflict, which has affected fuel prices globally. This led to lower contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by R19.66 c/l, R20.73 c/l and R20.71 c/l respectively. This is the fourth consecutive month of monthly fuel price increases since April when fuel prices were around R21.63 per litre following supply constraints due to the war on Ukraine and the subsequent Western sanctions on Russia. Diesel will increase by between R2.30 and R2.31 per litre while the wholesale price of illuminating paraffin will rise by R1.66 per litre. The Department of Mineral Resources and Energy today announced that the price of petrol for both 93 and 95 ULP and LRP will increase by R2.37 and R2.57 per litre from midnight tomorrow, respectively. South African motorists and consumers will face another bleak month at the pumps and tills as the price of fuel will rise by more than R2 per litre again in July, with the price of petrol breaching R25 per litre for the first time ever.

The Central Energy Fund, on behalf of South Africa's energy department, has announced fuel price increases for July 2022, with substantial increases for ...

July 2022 June 2022 95 unleaded (inland) 95 Unleaded 93 unleaded (inland) 93 Unleaded 95 Unleaded 93 Unleaded - Unleaded 93 petrol — Increase of R2.37 - Unleaded 95 petrol — Increase of R2.57 - 50ppm diesel — Increase of R2.30 Unleaded 93 petrol will increase by R2.37 per litre on Wednesday, 6 July 2022, while unleaded 95 will be R2.57 more expensive.

Illuminating parafffin is also going up by R1.66 a litre. Government says the main reasons for the increase are the rising crude oil prices, the rand/dollar ...

95 octane will rise by R2,57 cents a litre. Brace for a massive fuel price increase from Wednesday. Petrol is going up by a whopping R2,37 cents a litre for 93 octane. Experts say motorists should be wary of unorthodox ways of saving fuel.

As feared, Mineral Resources and Energy Minister Gwede Mantashe has announced big fuel price increases for implementation on July 6.

- Diesel (0.05% sulphur) will increase by 231 c/l; and - Petrol (both 95 ULP and LRP) will increase by 257 c/l; - Petrol (both 93 ULP and LRP) will rise by 237 c/l;

The Department of Minerals and Energy has announced another big hike in the price of fuel in July.

Middle distillates stocks for diesel and jet fuel still remain low due to a global decrease in refining capacity." The rise in the price of fuel has been somewhat tempered by the temporary reduction in the general fuel levy of 75 cents a litre, which will remain in place until August. The price of 95-octane unleaded petrol will rise by R2.57 a litre, while 93-octane unleaded petrol will go up by R2.37 a litre.

The Mineral Resources and Energy Department has announced a massive increase in the price of fuel that will kick in this Wednesday.

JOHANNESBURG - The Mineral Resources and Energy Department has announced a massive increase in the price of fuel that will kick in this Wednesday. The Mineral Resources and Energy Department has announced a massive increase in the price of fuel that will kick in this Wednesday. The massive increase has been attributed to the rand-US dollar exchange rate as well as the increase in the price of Brent crude oil among others.

Mandy Wiener spoke to AA spokesperson Layton Beard and the Department of Energy's Robert Maake about the impact of this increase.

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The misery for SA motorists will continue in July with fuel prices set to reach new record levels on Wednesday. The price of 93 octane petrol will rise by ...

The temporary relief will be withdrawn from August 3. The new retail price for a litre of 93 petrol will be R26.31 and 95 will cost R26.74 inland, while the inland wholesale price of 500ppm diesel will be R25.40 and 50ppm diesel will cost R25.53. The prices are nearly R10/l more than a year ago. The price of 93 octane petrol will rise by R2.37/l, 95 octane by R2.57/l, low sulphur 50ppm diesel by R2.30/l and 500ppm by R2.31/l. Illuminating paraffin rises R2.21/l.

South African motorists and commuters are facing yet another massive fuel price increase from 6 July. Here's what you'll pay for fuel from Wednesday:

Another blow for motorists and commuters comes in the form of the temporary ‘tax holiday’ that will be reduced from R1.50 per litre to 75 cents from 6 July. The energy department says the fuel levy will return to normal at the beginning of August, meaning that South Africans will once again be paying the full, and somewhat excessive, R6.11 in taxes for every litre from next month. The latest increases will see the retail price of 95 Unleaded rising to R25.99 at the coast and R26.74 in the inland regions, where 93 Unleaded will now cost R26.31. The wholesale price of 50ppm diesel will now be R22.63 at the coast and R23.22 inland, keeping in mind that retail prices for this unregulated fuel will be somewhat higher than that. Illuminated paraffin is set to go up by R1.66.

Mandy Wiener spoke to AA spokesperson Layton Beard and the Department of Energy's Robert Maake about the impact of this increase.

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The adjustments in the prices of petrol alone on Wednesday 6 July mean that consumers will be forking out nearly R27 a litre for different grades of petrol ...

The second phase will involve the reduction of the fuel levy by 75 cents a litre from 7 July 2022 to 2 August 2022. Fuel price increases over the past four months have also been a driver of consumer inflation, which increased to a five-year high of 6.5% in May. A litre of 93 petrol will be R26.31 and 95 petrol will cost R26.74 inland — a record in fuel prices. On 31 May, the department and National Treasury announced that the fuel levy would be reduced in two phases for two months ending August 2022. The developed world has snubbed the oil produced by Russia through economic sanctions, which has pushed international oil prices higher on fears of possible oil shortages. The department has blamed a volatile rand and rising international oil prices (in US dollar terms), which both feed higher petrol and diesel prices at the pumps.

This comes after the Department of Mineral Resources and Energy announced the increase to the fuel prices for this month.

Chief economist at Econometrix Azar Jammine said consumers would have to tighten their purse strings for a while: “One can make it a triple whammy because what's going to follow are higher interest rates and a slowdown in global economic activity, also as a result of higher interest rates and the same kinds of factors other than electricity we are being subjected to. This comes after the Department of Mineral Resources and Energy announced the increase to the fuel prices for this month. This comes after the Department of Mineral Resources and Energy announced the increase to the fuel prices for this month. The AA said while pressure was building on the government to formulate a solution to the rising fuel costs, short-term relief - while welcomed - was not sustainable. Motorists have not been spared this month with the latest changes to fuel prices set to kick in on Wednesday. The dramatic hikes are a part of a series of hikes in the cost of living, mostly brought on by the recent increase in inflation.

Government confirmed that it will end a temporary reduction in the fuel levy next month as it announced a 10.6% increase in the gasoline price, ...

The maximum cost of illuminating paraffin, used for cooking and lighting in areas where many people do not have access to electricity, will rise by R2.21 per liter. However, the Fuel Retailers Association has warned such a move could result in making it even more expensive for consumers. READ

The opposition Democratic Alliance has submitted its Fuel Price Deregulation Bill to parliament for processing.

The longer this review is not initiated, the longer the country will wait for lasting solutions,.” This is unsustainable if South Africa is to have a competitive fuel market and fuel price system that protects consumers from exorbitant increases.” As long as this conflict is unresolved, the increases to fuel prices – both in South Africa and other countries – remain likely. “The regulated fuel price system is rigged against the South African consumer. The bill is set to be gazetted for public comment in the coming weeks. Should any anti-competitive practices be determined, swift investigation and remedial action will follow, he said.

Petrol prices will be hiked by R2.37 (93 unleaded) and R2.57 (95 unleaded) a litre on Wednesday while diesel prices will rise by R2.31 (0.05% sulphur) and ...

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The latest steep announcement of a hike in the price of petrol by the Department of Mineral Resources and Energy has left South Africans feeling dejected at ...

Our bill will curtail wide-ranging powers afforded to the minister to regulate the price of petroleum, both directly and indirectly.” The latest steep announcement in the price of petrol by the Department of Mineral Resources and Energy has left South Africans feeling dejected at the ever-rising cost of living. The latest steep announcement of a hike in the price of petrol by the Department of Mineral Resources and Energy has left South Africans feeling dejected at the ever-rising cost of living.

And now the fuel price hike is expected to add to food and transport costs. But the DA says it has a plan to de-regulate the price of fuel. The party says the ...

The party says the law must be amended to curtail the minister’s powers to regulate the price of fuel. The DA says it has a plan to de-regulate the price of fuel. CAPE TOWN - Cape Town residents are fed up, despite reprieves in the severity of blackouts compared to the rest of the country.

As South Africa faces its largest petrol price increase on record on Wednesday 6 July, the opposition Democratic Alliance has submitted a Fuel Price ...

This is unsustainable if South Africa is to have a competitive fuel market and fuel price system that protects consumers from exorbitant increases,” says Mileham. “The regulated fuel price system is rigged against the South African consumer. As per BusinessTech, the bill is set to be gazetted for public comment in the coming weeks.

From midnight on Tuesday, you will have to fork out R2.37c for a litre of petrol - while if you use diesel, then you will part with R2.31c.

You would have to replace that 5% that goes out as total tax revenue that government would forgo if it got rid of the fuel levy with other forms of raising taxes and it's not that easy to contemplate what to do... "The fuel levy is the fourth largest source of government revenue at the moment after personal tax and company tax. From midnight on Tuesday, you will have to fork out R2.37c for a litre of petrol, while if you use diesel, then you will part with R2.31c. From midnight on Tuesday, you will have to fork out R2.37c for a litre of petrol - while if you use diesel, then you will part with R2.31c. On Monday, the Energy Department announced the temporary reduction in the fuel levy would drop from R1.50 per litre to 75c. JOHANNESBURG - Government is facing growing pressure to review the current fuel price model as motorists face yet another massive price hike for petrol and diesel.

JOHANNESBURG - The Democratic Alliance says it may have the answer to South Africa's ever-rising fuel prices. The opposition party has unveiled its Fuel ...

Refilwe Moloto spoke to the Council for Scientific and Industrial Research's transport systems and operations area leader Dr Mathetha Mokonyama about this ...

Read More Read More Read More Read More Read More It is the cumulative effect that actually should be worrying us.Dr Mathetha Mokonyama, Council for Scientific and Industrial Research

Director of fuel pricing mechanism at the Department of Energy Robert Maake says the government is working on several regulatory changes to address South…

A major factor in the increase of international petroleum prices remains the ongoing conflict in Ukraine which is contributing to supply and demand pressures. The longer this review is not initiated, the longer the country will wait for lasting solutions,.” Treasury previously said that a review of the RAS could result in a significant decrease of R1.03 cents/litre by 2028.

Suzuki S-Presso will cost R710 to fill, while a diesel Toyota Prado can set you back R3,828. Motorists are bracing for more pain ...

The cost for every kilometre works out to R2.16. Suzuki claims that its fuel consumption is 4.9L/100 km, which will give it a range of 551 km. The cost for every kilometre works out to R1.41 after the July petrol price increase. Based on these numbers, every kilometer will cost R1.68 after the petrol price hike. This equates to R2.06 for every kilo. The Ford Ranger is built with an 80-litre tank. Every kilo would therefore work out to R1.88. The S-Presso is fitted with a 27-litre petrol tank that can run on 93 octane. But the upside to this is that if it can achieve the claimed fuel consumption of 7.9 litres of diesel for every 100 km, it will provide a range of 1 765km. For diesel, we worked on an amount of R25.52 for 50 ppm, though the price may vary between fuel stations. The Korean carmaker claims it will sip 7.4 litres of diesel for every 100 km, which works out to a range of 730 km. Volkswagen claims it will sip 5.4 litres for every 100 km, which if achieved will give it a range of 741 km.

The South African National Taxi Alliance Council says profits are shrinking in the taxi business. Meanwhile, the Organisation Undoing Tax Abuse says the ...

eNCA reporter Nqobile Madlala is in Johannesburg speaking to those affected. Now, the ripple effect will not only impact motorists, but the cost of goods will also rise across the board. 93 octane petrol is going to cost you R2.37 more, while 95 octane increases by R2.57 a litre.