petrol

Petrol price is expert to increase once again See how much you will be paying for fuel

Petrol price is expert to increase once again See how much you will be paying for fuel.

South Africa produced 23 571 million litres of liquid fuels product in 2005, according to SAPIA. About 36 percent of the demand is met by synthetic fuels (synfuels), which are produced locally, largely from coal and from natural gas. Products refined locally from imported crude oil meet the remaining 64%.

The petrol price in South Africa is linked to the price of crude oil in international markets and is quoted in US dollars (US$) per barrel. International petrol prices are essentially driven by supply and demand for product in a particular market.

According to data from the Central Energy Fund South Africa motor in big trouble because fuel is expected to once again climb by 48 cents per litre in November. Diesel will increase by R1.57 per litre.

Here’s how much you will be paying for petrol

Petrol 93: increase of 48 cents per litre;
Petrol 95: increase of 38 cents per litre;
Diesel 0.05%: increase of 154 cents per litre;
Diesel 0.005%: increase of 157 cents per litre;
Illuminating Paraffin: increase of 57 cents per litre.

Posted dates:17 October 2022