“International factors include the fact that South Africa imports both crude oil and finished products at a price set by the global markets, including shipping costs,” said the DoE.
Motorists can now expect to pay 47 cents more a litre for both leaded and unleaded petrol.
Paraffin will also go up by 42 cents a litre, with Diesel increasing by 49 cents a litre.
The DoE said that the main reason for the fuel price increase is the high crude oil prices which resulted in higher prices (on average) for all the petroleum products in the international markets in May 2015 compared to April 2015.
Increase for petroleum products
|Petrol 95 and 93 (ULP & LRP)||47.000||cents per litre increase in retail price|
|Diesel 0.05% Sulphur||49.000||cents per litre increase in wholesale price|
|Diesel 0.005% Sulphur||46.000||cents per litre increase in wholesale price|
|Illuminating Paraffin (Wholesale)||42.000||cents per litre increase in wholesale price|
|Illuminating Paraffin (SMNRP)||56.000||c/l increase in the Single Maximum National Retail price (SMNRP)|
|Maximum Retail Price for LPGAS||100.000||cents per kilogram increase in the maximum retail price|
Table of petrol prices
|03 June 2015||R13.08||R13.36||R13.08||R12.82||R12.93||R12.93|
|06 May 2015||R12.61||R12.89||R12.61||R12.35||R12.46||R12.46|
|01 April 2015||R12.61||R12.89||R12.61||R12.35||R12.46||R12.46|
|04 March 2015||R11.05||R11.27||R11.05||R10.81||R10.86||R10.86|
|04 February 2015||R10.09||R10.31||R10.09||R9.85||R9.90||R9.90|
|07 January 2015||R11.02||R11.24||R11.02||R10.78||R10.83||R10.83|
Table of diesel prices
|03 June 2015||R11.67||R11.70||R11.34||R11.40|
|06 May 2015||R11.18||R11.24||R10.85||R10.91|
|01 April 2015||R11.23||R11.29||R10.90||R10.96|
|04 March 2015||R10.00||R10.05||R9.70||R9.74|
|04 February 2015||R9.26||R9.31||R8.96||R9.00|
|07 January 2015||R10.28||R10.33||R9.98||R10.02|
Source: Automobile Association of South Africa (AA), correct as of 3 June 2015.