How much petrol and diesel will cost in Gauteng from MIDNIGHT
The Central Energy Fund has confirmed the latest petrol and diesel price hikes which will come into effect at midnight on Tuesday, 6 February.
The Central Energy Fund (CEF) has confirmed the latest petrol and diesel price hikes which will come into effect at midnight on Tuesday, 6 February.
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Below, the confirmed price hikes as received by The South African website from the CEF.
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FUEL | PRICE CHANGE | |
Petrol 93 | increase of 75 cents | |
Petrol 95 | increase of 75 cents | |
Diesel 0.05% | increase of 73 cents | |
Diesel 0.005% | increase of 70 cents | |
Illuminating Paraffin | increase of 53 cents |
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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
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Oil price
At the time of publishing the brent crude oil price is $77.87 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.94/$.
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The final overall price changes for both petrol and diesel will be confirmed in the weeks ahead with the new prices coming into effect at midnight on Tuesday, 6 February.
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Go easy on the accelerator until then, Mzansi.
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New February 2024 petrol and diesel prices (Inland and Coastal):
INLAND | February |
Petrol 93 | R22.92 |
Petrol 95 | R23.24 |
Diesel 0.05% | R21.36 |
Diesel 0.005% | R21.43 |
Illuminating Paraffin | R15.84 |
COASTAL | February |
Petrol 93 | R22.20 |
Petrol 95 | R22.52 |
Diesel 0.05% | R20.64 |
Diesel 0.005% | R20.74 |
Illuminating Paraffin | R14.91 |
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