The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take effect at midnight on Tuesday, 3 December.
That’s TONIGHT.
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The news isn’t what South Africa’s motorists would have hoped for heading into the festive season, as both petrol and diesel prices have been increased.
This was mainly as a result of a combination of the rand depreciating against the dollar and the price of oil continuing to rise thanks to ongoing unrest in the Middle East.
| FUEL | PRICE CHANGE |
| Petrol 93 | increase of 17 cents |
| Petrol 95 | increase of 17 cents |
| Diesel 0.05% | increase of 55 cents |
| Diesel 0.005% | increase of 56 cents |
| Illuminating Paraffin | increase of 49 cents |
FUEL PRICE IN SOUTH AFRICA IMPACTED BY TWO MAIN FACTORS:
1. The international price of petroleum products, driven mainly by oil prices
2. The rand/dollar exchange rate used in the purchase of these products
Oil price
At the time of publishing the brent crude oil price is $72.45 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.07/$.
The new December 2024 petrol and diesel prices (Inland and Coastal):
| INLAND | December |
| Petrol 93 | R21.15 |
| Petrol 95 | R21.47 |
| Diesel 0.05% | R19.21 |
| Diesel 0.005% | R19.33 |
| Illuminating Paraffin | R13.36 |
| COASTAL | December |
| Petrol 93 | R20.36 |
| Petrol 95 | R20.68 |
| Diesel 0.05% | R18.42 |
| Diesel 0.005% | R18.57 |
| Illuminating Paraffin | R12.36 |
