Fuel price CONFIRMED: How much you will pay for petrol and diesel from NEXT WEEK

[Nat Quinn]

The Central Energy Fund (CEF) has confirmed the new prices for petrol and diesel which will take effect from midnight on Tuesday, 5 December.

 

The news was particularly good for diesel car owners, while petrol motorists won’t be complaining either.

 

FUEL	PRICE CHANGE
Petrol 93	decrease of 65 cents
Petrol 95	decrease of 65 cents
Diesel 0.05%	decrease of 235 cents
Diesel 0.005%	decrease of 242 cents
Illuminating Paraffin	decrease of 171 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

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Oil price

At the time of publishing the brent crude oil price is $80.95 a barrel.

Exchange rate

At the time of publishing the rand/dollar exchange rate is R18.67/$.

 

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The price changes for both petrol and diesel will come into effect at midnight on Tuesday, 5 December.

 

Go easy on the accelerator until then, Mzansi.

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The new DECEMBER 2023 petrol and diesel prices (Inland and Coastal):

INLAND	December
Petrol 93	R22.79
Petrol 95	R23.25
Diesel 0.05%	R21.82
Diesel 0.005%	R21.98
Illuminating Paraffin	R16.24

COASTAL	December
Petrol 93	R22.07
Petrol 95	R22.53
Diesel 0.05%	R21.09
Diesel 0.005%	R21.29
Illuminating Paraffin	R15.31

source:Fuel price CONFIRMED: How much you will pay for petrol and diesel from NEXT WEEK (thesouthafrican.com)

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