Fuel prices set to increase tomorrow

By Staff Writer
Consumers can expect an increase in most fuel prices from tomorrow. The Department of Energy announced on Friday that fuel prices will be adjusted on Wednesday 7 October. All fuels except for unleaded petrol 93 will be increasing.
 
“The pump price of petrol 93 Octane will decrease slightly whilst that of petrol 95 Octane will increase by less than 5 cents per litre. The whole sale price of both grades of diesel, the Maximum Retail Price of Liquefied Petroleum Gas (LPG) and the prices of Illuminating Paraffin will increase with effect from 07 October 2015,” said the department in a statement.
 
“The main reasons for this fuel price adjustment is the weakening of the Rand against the US Dollar which had a negative impact on the fuel prices of about 30 cents per litre and slight increase in the price of crude oil, (on average), in September compared to August,” explained the department.
 
The price adjustments
 
The fuel price adjustments are as follow:
  • Petrol 93 Octane is decreasing by two cents per litre.
  • Petrol 95 Octane is increasing by four cents per litre.
  • Diesel 0.05% Sulphur will increase by 53 cents per litre.
  • Diesel 0.005% Sulphur will increase by 51 cents per litre.
  • Illuminating paraffin (SMNRP) is increasing by 67 cents per litre.
  • Illuminating paraffin (wholesale) is increasing by 50 cents per litre.
  • LPG will increase by 11 cents per kilogram.
 
The new fuel prices as of Wednesday will be:
Petrol Inland Coast
Unleaded LRP Unleaded LRP
93 95 93 93 95 95
7 October 2015 R12.30 R12.61 R12.30 R12.04 R12.18 R12.18
2 September 2015 R12.32 R12.57 R12.32 R12.06 R12.14 R12.14
Source: Automobile Association
 
Diesel Inland Coast
0.05% 0.01% 0.05% 0.01%
7 October 2015 R10.94 R11.00 R10.61 R10.68
2 September 2015 R10.40 R10.49 R10.08 R10.19
Source: Automobile Association

Recent Articles

Featured Request your credit report from the right bureau

With so many different credit bureaus in South Africa, it may be difficult to decide from which one to request your credit report. We have a look at what you should be aware of when selecting a credit bureau.

Applying for a home loan? Consider the repo rate

When you apply for a home loan, one of your top priorities should be to secure a low interest rate. In order to achieve this, you need to be familiar with the repo rate. We find out more about this.

Effective financial planning as a single parent

As a single mom or dad, it can be challenging to keep up with the ever-increasing expenses of raising a child. We have a look at the importance of setting up a budget as a single parent.

How your credit score impacts your insurance – and vice versa

Since insurance is paid in advance, it may seem unrelated to your credit score. However, these two are in fact linked to one another. We find out why insurers look at your credit score.

Deals

Get a FREE flight ticket with Hotel Sky

Price: From R5,200
When: Until 31 January 2022
Where: Johannesburg and Cape Town

Voucher for 2 special at Bakwena Day Spa

Price: From R1,798
When: Until 31 January 2022
Where: Centurion, Hartbeespoort and Stellenbosch

Spier Hotel Summer Special

Price: Available on request
When: Until 31 March 2022
Where: Stellenbosch


Latest Guide

Guide to debt rehabilitation solutions