Fuel price latest: How much petrol and diesel will now cost South African motorists
There was good news for diesel motorists in particular with confirmation of a significant drop in prices from midnight on Tuesday, 4 April. MONEY MATTERS | FOUR of Africa’s wealthiest cities are in South Africa The diesel price will be cut by between 74 and 75 cents per litre inland and by 81 to 82 cents per litre at the coast. Meanwhile, there will be a 1 cent […]
There was good news for diesel motorists in particular with confirmation of a significant drop in prices from midnight on Tuesday, 4 April.
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The diesel price will be cut by between 74 and 75 cents per litre inland and by 81 to 82 cents per litre at the coast.
Meanwhile, there will be a 1 cent per litre decrease in 93 petrol, and a 2 cents per litre increase in 95 octane inland, while those at the coast will see an eight and five cent per litre drop in 93 petrol and 95 octane, respectively.
LATEST PETROL AND DIESEL CHANGES
| Fuel | Inland | Coast |
|---|---|---|
| Petrol 93 | decrease of 1 cent per litre | decrease of 8 cents per litre |
| Petrol 95 | increase of 2 cents per litre | decrease of 5 cents per litre |
| Diesel 0.05% | decrease of 74 cents per litre | decrease of 81 cents per litre |
| Diesel 0.005% | decrease of 75 cents per litre | decrease of 82 cents per litre |
| Illuminating Paraffin (wholesale) | decrease of 125 cents per litre | decrease of 138 cents per litre |
| LPGAS | decrease of 92 cents per kg | decrease of 93 cents per kg |
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Fuel prices are largely determined by the oil price, as well as the rand as oil is priced in dollars.
While the brent oil price had fallen to around $80 a barrel, it’s currently trading closer to $85.
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The rand has taken a knock in recent weeks and months.
In recent days it has been steadying, getting a major lift following a bigger-than-expected rate hike last week Thursday.
At the time of publishing the rand/dollar exchange rate is R17.81/$.
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HOW THE PRICE CHANGES WILL REFLECT AT THE PUMPS:
| INLAND | March | April |
|---|---|---|
| 93 Petrol | R22.65 | R22.64 |
| 95 Petrol | R22.95 | R22.97 |
| 0.05% diesel (wholesale) | R21.63 | R20.89 |
| 0.005% diesel (wholesale) | R21.72 | R20.97 |
| Illuminating Paraffin | R15.97 | R14.72 |
| LPGAS (p/kg) | R38.68 | R37.76 |
| COAST | March | April |
|---|---|---|
| 93 Petrol | R22.00 | R21.92 |
| 95 Petrol | R22.30 | R22.25 |
| 0.05% diesel (wholesale) | R20.97 | R20.16 |
| 0.005% diesel (wholesale) | R21.08 | R20.26 |
| Illuminating Paraffin | R15.18 | R13.80 |
| LPGAS (p/kg) | R36.10 | R35.17 |