Diesel set to decrease by R1.05 on Wednesday

The Minister of Mineral Resources, Mr Gwede Mantashe, has announced the adjustment of fuel prices that will come into effect from the 4th of September 2024. The adjustments are based on a number of current local and international factors.

• Petrol 93 (ULP & LRP): Ninety-two cents per litre (92.00 c/l) decrease.
• Petrol 95 (ULP & LRP): Ninety-two cents per litre (92.00 c/l) decrease.
• Diesel (0.05% sulphur): Seventy-nine cents per litre (79.00 c/l) decrease.
• Diesel (0.005% sulphur): One hundred and five cents per litre (105.00 c/l) decrease.
• Illuminating Paraffin (wholesale): One hundred and three cents per litre (103.00 c/l) decrease.
• SMNRP for IP: One hundred and thirty-eight cents per litre (138.00 c/l) decrease.
• Maximum LPGas Retail Price: Ten cents per kilogram (10.00 c/kg) decrease.

The main reasons for the adjustments, according to the Minister, are the crude oil prices, international petroleum product prices, the Rand/US Dollar exchange rate and the implementation of the slate levy.