South African fuel price increases reported for October: What you need to know
The reported adjustments are attributed to DMRE, but the pricing region and exact implementation date remain unspecified.
Fuel price adjustments attributed to DMRE would put 95 unleaded at R30.25 per litre. Several factors, including international petroleum product prices and the rand-US dollar (USD) exchange rate have led to a bleak October
Filling up is set to become significantly more expensive for South African motorists from Wednesday, with petrol prices expected to reach record highs.
The increase is likely to squeeze household budgets further and could encourage drivers of cars with high fuel consumption to consider switching to more economical models or electric vehicles.
The fuel prices attributed to Department of Mineral Resources and Energy (DMRE) are:
| Fuel | Increase per litre | Resulting price per litre |
|---|---|---|
| 93 unleaded petrol | R3.12 | R29.88 |
| 95 unleaded petrol | R3.33 | R30.25 |
| Diesel: 0.05% sulphur (500ppm) | R2.84 | R31.95 wholesale |
| Diesel: 0.005% sulphur (50ppm) | R3.24 | R33.29 wholesale |
The diesel amounts are identified as wholesale prices, not pump prices. No inland or coastal pricing region is specified for either petrol or diesel, limiting how motorists and businesses can interpret the listed amounts.
DMRE spokesperson Robert Maake is quoted indirectly as attributing the adjustments to several factors, including international petroleum product prices and the rand–US dollar exchange rate.
Meanwhile, illuminating paraffin will cost R3.58 more per litre, while LP gas will increase by 42c per kilogramme countrywide and by 48c per kg in the Western Cape.
