Paraffin will increase by 58c a litre, and the maximum retail price of LP gas will fall by R1.40 a kilogram. The latest price hikes will push Gauteng petrol to ...
A stronger rand could not prevent fuel price hikes. Diesel was close to R25.50 in November last year. The fuel prices are usually adjusted on the first Wednesday of a month and determined by the price of international oil and fuel prices and the rand-dollar exchange rate. Petrol peaked at R26.74 in July last year. Paraffin will increase by 58c a litre, and the maximum retail price of LP gas will fall by R1.40 a kilogram. The latest price hikes will push Gauteng petrol to R21.68 a litre, from R20.14 a year ago.
The Department of Mineral Resources and Energy has published the official fuel price adjustments for February 2023.
0.005% diesel (wholesale) The negative slate balance on petrol and diesel amounted to R2.191 billion at the end of December 2022. 0.05% diesel (wholesale) February Official The LPGas prices are decreasing due to the lower prices of Propane and Butane during the period under review,โ it said. January Official LPGAS (p/kg) 95 Petrol 93 Petrol Illuminating Paraffin (wholesale) Petrol 95 Petrol 93
According to AA's Layton Beard South Africa did not benefit from a stronger rand as the price of brent crude continues to rise. International petroleum prices ...
Both grades of petrol will cost 28 cents per litre, which means motorists will pay between R21.38 and R21.68 per litre.
According to the Central Energy Fund, both grades of petrol will cost 28 cents per litre which means motorists will pay between R21.38 and R21.68 per litre. The price of low-sulphur diesel will decrease by 84 cents per litre, however, regular diesel will increase by 9 cents. Both grades of petrol will cost 28 cents per litre, which means motorists will pay between R21.38 and R21.68 per litre.
The reopening of the Chinese economy has prompted a large demand for oil, pushing domestic fuel prices higher.
[department of mineral resources and energy](https://www.dmr.gov.za/) said in a statement on Tuesday that petrol prices were going up because the cost of crude oil increased from $85.08 a barrel to $86.16 during the period under review, the main contributing factor being the re-opening of the Chinese economy. The wholesale price of paraffin will also go up by 58 cents a litre. Any increase to fuel prices now, at a time when South Africans are grappling with, among other issues, financial pressures and rolling blackouts is unwelcome,โ the AA said in a note. [Automobile Association](https://aa.co.za/fuel-price-increases-on-the-way/) (AA) had forecast a petrol price hike of 52 cents to 57 cents a litre and increases of 22 cents and 33 cents a litre for diesel. The [petrol](https://mg.co.za/?s=petrol) will rise by 28 cents a litre while the cost of diesel (0.05% sulphur) will increase by 9.16 cents a litre.
A litre of 95 Unleaded petrol now costs R21.03 at the coast and R21.68 in the inland regions, where 93 Unleaded now retails at R21.38. The wholesale price of ...
International oil prices were significantly higher in January and if that had been the only factor determining the fuel price then petrol and diesel would have seen respective increases of around 87 cents and 71 cents. The wholesale price of 50ppm diesel is now R20.77 at the coast and R21.41 inland, while 500ppm costs R20.67 and R21.32 in the respective regions, although as diesel is unregulated the varying retail prices will be higher than that. This month it has been lowered by 43 cents to a total of 17.5 cents. [Picanto](https://www.iol.co.za/motoring/road-tests/driven-kia-picanto-12-x-line-hits-the-sweet-spot-amongst-compacts-10d8d951-50dd-4058-a904-c068e497dc5d), putting 30 litres of 93 Unleaded into its 35 litre tank will cost you R8.40 more than it did in January. 500ppm diesel, the dirtier grade, will see an increase of 9 cents per litre, while 50ppm low-sulphur diesel will decrease by 1 cent. Although Februaryโs fuel price increases were lower than expected, fuel prices are still historically very high in South Africa, considering that a litre of 95 Unleaded at the coast still costs R2.14 more than it did at the beginning of 2022 and a whopping R6.87 more than it cost in January 2021.