Skip to main content

Petrol drops by up to 30 cents, diesel by 90 cents from Wednesday

| Economic factors

South African motorists can expect a fuel price decrease from Tuesday, following the department of mineral resources and energy’s Sunday announcement on the monthly price adjustments for October.

According to the department, 93 ULP and LRP petrol will fall by 23 c/l, while 95 ULP and LRP will decrease by 32 c/l.

The price adjustments are:

  • Petrol (both 93 ULP and LRP): 23.00 c/l decrease;
  • Petrol (both 95 ULP and LRP): 32.00 c/l decrease;
  • Diesel (0.05% sulphur): 90.00 c/l decrease;
  • Diesel (0.005% sulphur): 93.00 c/l decrease;
  • Illuminating Paraffin (wholesale): 76.00 c/l decrease;
  • Single Maximum National Retail Price for Illuminating Paraffin101.00 c/l decrease;
  • Maximum LPGas Retail Price: 20.00 c/kg decrease; 

Some of reasons for the adjustments include the rand’s average appreciation against the US dollar from R17.28 to R16.72 per US dollar in September compared to August.

The average Brent Crude oil price decrease from $44.78 per barrel to $40.82 per barrel and a decrease in international prices for all refined petroleum products.

Pin It

Related Articles

Petrol price hike on Wednesday, but some diesel...

By: News24   Petrol will be hiked on Wednesday (03/04/2024), while wholesale diesel prices are mixed.  

SPAR shares tips on how to lighten the financia...

For many, Easter is a time of celebration and tradition, marked by gatherings with loved ones and delicious meals. However, the financial strain brought on by the increased cost of living may require families to adjust their usual celebrations, wh...

Reprieve for consumers at till as prices tick m...

By: Given Majola - IOL Business Consumers got a reprieve at the till this month as the cost of the average household food basket showed a marginal increase.

SA consumers feel the big squeeze: 99% have cha...

According to NIQ, 44% of South African consumers feel they are in a worse financial position this year compared to a year ago.

SA consumers are swapping Easter eggs for house...

By: Dhivana Rajgopaul – IOL Business South African consumers are choosing to prioritise buying household food essentials, instead of spending money on Easter eggs.