More fuel price relief for motorists
All grades of petrol will cost 69c a litre less from next Wednesday, the Department of Energy announced on Friday.
This comes after last month's 51c decrease, adding more relief to motorists.
That means 95 unleaded petrol will cost R12.57 in Gauteng and R12.14 at the coast, while 93 unleaded petrol will cost R12.32 in Gauteng and R12.06 at the coast. 93 LRP will cost R12.32 in Gauteng, while 95 LRP will cost R12.14 at the coast.
That means 95 unleaded petrol will cost R12.57 in Gauteng and R12.14 at the coast, while 93 unleaded petrol will cost R12.32 in Gauteng and R12.06 at the coast. 93 LRP will cost R12.32 in Gauteng, while 95 LRP will cost R12.14 at the coast.
Diesel 0.05% sulphur and diesel 0.005% sulphur will decrease by 54c and 51c respectively, while liquefied petroleum gas (LPG) will decrease by 115c/kg, illuminating paraffin (wholesale) by 55c/l, and illuminating paraffin (SMNRP) by 74c/l, the department said in a statement on Friday.
The AA said on Friday that underlying fundamentals pose a threat to motorists. The weak rand is extracting a heavy toll on consumers, said the AA: "(The) rand's weakness against the US dollar has been expensive for motorists."
On Friday at 14:15, the rand was down 0.67% at R13.23/$, extending its recovery after tumbling to an all-time low of R14.00 at the start of the week, while Brent crude for October gained 23c to $47.79.
International petroleum prices have recently reached six-year lows, and the AA is concerned over the trajectory the oil price could take when it reaches the bottom of the cycle.
"If and when the oil price flattens out, or increases, motorists will be fully exposed to any rand weakness," said the AA.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...
VISIT SHOWROOM
Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
