indications are that there is one petrol Price increase in early December, but news about it and Diesel The front improves with each passing day.
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While it is still too early to accurately predict what will happen to petrol and diesel prices in December, the most recent data from the Central Energy Fund – such as November 23 Shows opposing symptoms.
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Fluctuating international product prices and the weakness of the rand show the following underreturns (price increases) for gasoline and overreturns (price reductions) for diesel:
|gasoline 93||an increase of 52 cents per litre|
|Gasoline 95||an increase of 63 cents per litre|
|Diesel 0.05%||a discount of 112 cents per litre|
|Diesel 0.005%||a discount of 105 cents per litre|
|lit paraffin (bulk)||15 paise per liter discount|
If this market condition continues for the remainder of November, then a Grow is scheduled for December petrol users between 52 and 63 cents, while Diesel Motorists can expect 105 to 112 cents per litre Shortage,
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The fuel price in Mzansi is influenced by two main factors:
1. International price of petroleum products, mainly driven by oil prices
2. The rand/dollar exchange rate used to purchase these products
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The rand/dollar exchange rate is at the time of publication €16.94/$,
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price of oil
The global oil price has remained below $100 a barrel in recent months, but climbed above lows of around $83 a barrel in early October.
Brent crude oil price at time of publication $85.10 a ton.
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Final global price changes for both petrol and diesel will be confirmed in the coming weeks, with the new prices taking effect at midnight Tuesday Dec 6,
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Until then, easy on the accelerator, Mzansi.
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Current prices at pumps (domestic and coastal):
|93 gasoline||€ 22.06||€22.57|
|95 Gasoline||r 22.36||22.87 €|
|0.05% diesel (bulk)||r 24.06||€25.49|
|0.005% diesel (bulk)||€24.31||25.75 €|
|lit paraffin||16.99 €||17.76 €|
|93 gasoline||€21.41||21.92 €|
|0.05% diesel (bulk)||€23.41||24.84 €|
|0.005% diesel (bulk)||€23.67||R25.11|
|lit paraffin||16.20 €||16.97 €|
|LPG (p/kg)||31.66 €||€30.68|