The Department of Petroleum and Mineral Resources has confirmed the official fuel price adjustments that will take effect at midnight on Tuesday, 5 November.
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After five consecutive months of decreases in prices, there will be an increase at the pumps this month.
This is due in part to the rand depreciating against the dollar and the price of oil rising thanks to ongoing unrest in the Middle East.
| FUEL | PRICE CHANGE |
| Petrol 93 | increase of 25 cents |
| Petrol 95 | increase of 25 cents |
| Diesel 0.05% | increase of 21 cents |
| Diesel 0.005% | increase of 20 cents |
| Illuminating Paraffin | increase of 21 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 $75.03 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R17.53/$.
The next price change will take place on Tuesday, 3 December.
The NEW November 2024 petrol and diesel prices (Inland and Coastal):
| INLAND | November |
| Petrol 93 | R20.98 |
| Petrol 95 | R21.30 |
| Diesel 0.05% | R18.66 |
| Diesel 0.005% | R18.77 |
| Illuminating Paraffin | R12.87 |
| COASTAL | November |
| Petrol 93 | R20.19 |
| Petrol 95 | R20.51 |
| Diesel 0.05% | R17.87 |
| Diesel 0.005% | R18.01 |
| Illuminating Paraffin | R11.87 |
