Motorists can expect some reprieve this month following the announcement of a decrease in fuel prices this month. According to the Central Energy Fund (CEF) ...
The forecast reduction in the wholesale price of diesel will bring this fuel cost down to around R21.47/l. "These reductions will bring the price of 95 ULP inland to around R21.57/l and R20.92/l at the coast, both prices close to those last seen in March 2022. The AA explained that petrol (both grades) will decrease by around R1.85/litre, diesel will decrease by between R2.47/l and R2.59/l and illuminating paraffin will decrease by around R1.93/l.
Energy department announces cuts to most fuel prices in first week of January, but LP gas to rise.
Wholesale illuminating paraffin will fall by R1.93/l and the retail price by R2.58/l. The wholesale price of 500 ppm and 50 ppm diesel will drop by R2.68/l and R2.08/l, respectively. The petrol price will drop by R2.06/l on Wednesday, bringing some relief to consumers in the first week of 2023.
Fuel price cuts: Relief for consumers as petrol, diesel and paraffin down sharply in South Africa for the month of January.
“The forecast reduction in the wholesale price of diesel will bring this fuel cost down to around R21.47/l. [slate levy](https://topauto.co.za/news/28370/the-extra-fee-you-now-pay-for-petrol-how-it-works/) — a self-adjusting mechanism that the government added to the fuel price calculation in August 2021 to deal with daily fluctuations in petrol prices — is one of seven levies imposed on fuel for vehicles. For many travellers who are currently on [holiday] this is also good news as it will undoubtedly reduce expenses on the return leg of their journeys.” BM/DM The oil prices continued to drop due to fears of economic recession globally. The BFP octane differential remains unchanged. A slate levy decrease of 21.90 c/l (from 83.28 c/l to 61.38 c/l) will be implemented into the price structures of petrol and diesel, in line with the self-adjusting slate mechanism rules effective from 4 January 2023.
The fuel price adjustments that Energy Department has released indicate that all grades of petrol will decrease by R2.60 per litre. Diesel will come down by a ...
The department has attributed the price decline to lower international oil prices, firmer value of the rand and the reduction of the fuel levy. Consumers have reason to celebrate in that the retail price of The fuel price adjustments that Energy Department has released indicate that all grades of petrol will decrease by R2.60 per litre.
Motorists in Perth and Mandurah are advised to fill up now if they need to, with petrol prices set to rise tomorrow. Over the past few weeks, the pattern of ...
If you want to understand more about how FuelWatch works, go to [www.fuelwatch.wa.gov.au/about/works](http://www.fuelwatch.wa.gov.au/about/works). [www.fuelwatch.wa.gov.au](http://www.fuelwatch.wa.gov.au/) site which features an interactive map. FuelWatch reports that, from 6am tomorrow (Wednesday 4 January 2023), the average price of regular unleaded petrol (ULP) will increase by 26 cents per litre (cpl) to 190.3 cpl. Despite the average hike tomorrow, there are still 34 individual sites offering prices below 162 cpl, so consumers should check the FuelWatch website to find the lowest price near them. Over the past few weeks, the pattern of petrol pricing by the major fuel companies shows a full return to weekly price cycles. [our accessibility options](/taxonomy/term/4773/)
The costs of both petrol and diesel are dropping by over R2 a litre at midnight.
From Wednesday, the cost of 93 and 95 unleaded petrol will both drop by R2.06 a litre. The Department of Mineral Resources and Energy has given motorists a late Christmas present, announcing price cuts for both petrol and diesel that will bring consumers some much-needed relief. The costs of both petrol and diesel are dropping by over R2 a litre at midnight.
Going into the new year, South Africans are hoping for a release from the stress that was 2022 fuel prices. Luckily, 2023 seems to be kicking off positively ...
Filling up a medium-sized car with 50 litres will save you around R103. Here’s what fuel prices will look like from tomorrow: [says that](https://www.iol.co.za/motoring/industry-news/heres-what-youll-pay-for-fuel-after-the-big-decrease-on-wednesday-january-04-e5ad9990-469a-4bf6-ba18-12bd0d69d9a6) the price of petrol will decrease by R2.06 per litre from Wednesday January 4, and that diesel will decrease from somewhere between R2.68 (500ppm) and R2.80 (50ppm).
According to the Department of Mineral Resources and Energy, the main reasons for the fuel price adjustment were an average Brent Crude oil price decrease from ...
“South Africans have tightened their belts down to the last notch, and now there is nowhere to go,” Roets said. “Yet, previous drops in fuel prices during 2022 did not see a subsequent drop in food prices. Roets noted that severe petrol price increases in 2022 led to many secondary inflationary pressures, which have added up over the months. Oil prices also continue to drop, in response to fears of a global economic recession. “With each petrol price increase in 2022 we have seen the second round inflationary pressures add up and hit consumers with a cost of transport increase, in addition to the increase that is passed on from retailers who need to transport food to their stores. However, despite the welcome relief on the petrol front, prices remain elevated and above R20 a litre – and this is exacerbating an already high cost of living for millions of South Africans, largely driven by high food price inflation.
The Automobile Association (AA) says data shows the movement of international fuel prices is playing the most substantial role in the price reduction, despite ...
Petrol prices drop on 4 January 2023 by R2.06 for both 93 and 95 octanes. To save, you can either wait till Wednesday morning to fill up or just pour in just enough to get you by until then. Either way, you’ll be pleased to note that the petrol price will drop at midnight on 4 January.
South African motorist can look forward to a huge decrease of R2.06 per litre for petrol from this coming Wednesday 4 January 2023.
Refuelling a mid-size car like a Toyota Rav4 with 50 litres will save you R103. The wholesale price of 50ppm diesel is set to drop to R20.79, although retail prices which vary between outlets will be higher. ALSO READ:
Farmers have battled to stay afloat in light of continuous fuel price increases. Fuel prices decreased significantly with petrol prices decreasing by R2.06c per ...
“The sad part about it is that farmers have mostly planted their crops and most of the fuel is being used and spent. Farmers have battled to stay afloat in light of continuous fuel price increases. Economists are anticipating that maybe after a few months we will even begin to see positive impact on inflation.”