Fin24

More petrol price relief for motorists

2012-06-29 12:40

Johannesburg - The price of 93 octane petrol would decrease by 89 cents a litre on Wednesday, the energy department said on Friday.

A litre of 95 octane petrol would cost 85 cents less.

It would be sold at R10.82 a litre in Gauteng and at R10.47 at the coast.

A litre of 93 octane petrol would cost R10.1097 in Gauteng and R9.8627 at the coast.

The price of diesel with a 0.05 sulphur content would drop by 62.58 cents a litre. Diesel with a 0.005 percent sulphur content would go down by 61.58 cents a litre.

The wholesale price of illuminating paraffin would drop by 58 cents a litre.

The single maximum national retail price for illuminating paraffin would decrease by 77 cents a litre to reach R9,71, and the maximum retail price for LP Gas by R1.13 a kilogram to reach R19.12 at the coast and R20,94 in Gauteng.

The slate levy on petrol and diesel would decrease from 10.96 cents a litre to 4.38 cents a litre.

Between June 1 and June 28, the average international prices for petrol, diesel and illuminating paraffin decreased.

However, the average rand/dollar exchange rate weakened when compared to the previous month, at R8,4189 compared to R8, 1031 previously.

The rand's deterioration against the dollar increased the contribution to the basic fuels price on petrol, diesel, and illuminating paraffin by 22.18 cents a litre, 23.72 cents a litre, and 23.38 cents a litre respectively.

 

Comments
  • Blackpoison - 2012-06-29 12:45

    Awesome!

  • Randomhero6661 - 2012-06-29 12:48

    thanks...

  • pragasen.padayachy - 2012-06-29 12:52

    Use Public Transport till next week Wednesday !!!

  • amaytom - 2012-06-29 12:53

    Some good news for a change..Awsome news...

  • stanley.marries - 2012-06-29 12:54

    a real relief...thanx!!

  • michael.moets - 2012-06-29 12:56

    Sweet

  • vmeiring1 - 2012-06-29 12:57

    It's still way much more than in the old South Africa? And they were sanctioned?

      pierre.joubert.395 - 2012-06-29 13:03

      You are obviously to stupid to understand the concept of inflation and the fact that the petrol price is subject to international markets and not shielded by the apartheid government. Get a life idiot

      Siyabulela - 2012-06-29 14:04

      Aggghhh Pierre , Hes such Idiotic. He even cnt understand wat he wrote.Purely Trash.

      tuco.angeleyes - 2012-06-29 14:36

      Wake up Rip Van Winkle!!! I bet you been sleeping the past 40 years dude. its 2012 now, times have changed, including the fuel price. wake up!!

      gerald.king.589 - 2012-06-29 15:20

      Oh no bokkie. Look on the bright side! You can fill up the beetle cheaper now! Then crank it all the way to destination Year 1975 and off you go. Dont forget kooksiters n biltong now. As for flags, no plenty that side.

      sabiha.lockhat - 2012-06-30 09:40

      the world changes rapidly - we cant go back and live that so called good old days- the old south africa,wake up!!

      asadpat - 2012-07-04 16:50

      wow...what dumb-ass "thinking"! maybe ur old Government should run the World Bank and show how its done. PERHAPS discriminate against ALL.

  • Greg.J.M - 2012-06-29 12:58

    Now if only public transport operators can do the same and drop their prices.

  • crazyjourno - 2012-06-29 13:08

    This is because Zuma would like to fuel-up his new Toy!!!!

  • Malavi10 - 2012-06-29 13:12

    YES! YES! YES!

  • johnwilliam.roberts - 2012-06-29 13:28

    watch lets see if the airlines drop their price of tickets never ever !! they are the first to say the fuel price has gone up and increase the prices but when the fuel price comes down they dont come down on the ticket prices

      William - 2012-06-29 15:41

      http://www.timeslive.co.za/thetimes/2012/06/24/saa-cuts-airfares-as-price-of-jet-fuel-drops

  • Sophumelela Tshabalala - 2012-06-29 13:29

    thats the best news ive heard today nje aowuuuuuuu...

  • Ntobane Setabola - 2012-06-29 13:32

    @least,a lil change makes a huge differece!

  • ralph.klopper - 2012-06-29 13:35

    Why is it that if the petrol price goes up the food prices go up immediately. If the fuel price drops it takes months if ever for the food prices to come down?

      jowza1 - 2012-06-29 14:09

      Food industry run by cartels

      DuToitCoetzee - 2012-06-29 14:43

      Food prices goes up immediately, but the transporter do not get a higher rate immediately and than they take moths before the pay them. When it goes down they get paid less, but the price in the shelves linger on the old price. The increase in fuel prices increase lubricants and tires as well, but they do not come down with decreases. The transporter must swallow the full decrease even that their fuel is only a part of the running cost that went up when fuel increase and is than the only part that decrease. The food industry are partly in the "money game" They get cash on the spot, play with it and pay out later. Why do you think they are such a lucrative business for the big groups, but the smaller shops suffers. The same with the clothing shops(chain shops) As a cash buyer you pay off some-one else's interest on his clothes bought on credit because the "do not charge interest", but load the price. ....but lets smile for this bit of good news.....for as long as it last.

  • puse.mabuza - 2012-06-29 13:37

    Great news!

  • bongani.zungu.980 - 2012-06-29 13:44

    At long last

  • sandy.kroukamp - 2012-06-29 13:45

    Great Balls of Fire...................

  • sbu.mahwai - 2012-06-29 13:46

    Not bad at all - damn when is Wednesday

      DuToitCoetzee - 2012-06-29 14:45

      ...and I filled up yesterday...lol.

  • richard.zanner - 2012-06-29 13:58

    Wow state levy decreasing. These guys are desperate to impress their voters.

      jowza1 - 2012-06-29 14:10

      are we reading the same article

      napolita.kio - 2012-06-29 16:43

      Based on your comment, I bet you surely can't be "I am a Practicing Attorney" as per your profile; I mean a successful Attorney, that is. When are the elections that would need to be influenced at this time? The rand has strengthen from R8.70 to about R8.18 by today and the oil price has also decreased since the last petrol increase...those are facts, Mr Attorney.

  • Siyabulela - 2012-06-29 14:06

    Gd News , will load next week nw, YIPPEEE. That Bloddy OIL BARREL MUST DROP TO $65.THEN I WILL BE RELIEVED.

  • maria.ferreira1234 - 2012-06-29 14:10

    I smell a rat.....

      jowza1 - 2012-06-29 14:18

      dont stick your nose in funny places

      Billy - 2012-06-29 14:20

      .. strangely disturbing

  • JNaMolefe - 2012-06-29 14:12

    YES YES YES YES YES YES YES!!!!!!!! I should thank God for decreasing our petrol prices! Yay!

      boramk - 2012-06-29 14:46

      I thank the markets and how they've responded to economic changes in the world!

  • rahil.khanna.520 - 2012-06-29 14:21

    Great NEWS !!! and very welcome ..now I must just win the lotto

  • Egsaan - 2012-06-29 14:21

    We are beng ripped off fuel prce should drop by R 1.70. The rest of the country are footing Gauteng e Toll disaster.

      jowza1 - 2012-06-29 14:27

      and you got your facts from....

  • zolani.ntenge - 2012-06-29 14:22

    Just in time for my holiday, I will definately drink yo that.

  • warren.sheehan.39 - 2012-06-29 14:22

    what a joke 2008 US oil was 140+ Dollers per Barrel fuel was R7.60 per litre 95 2012 US oil was 78 Dollers per Barrel Fuel is over 11 per litre? and we all praising the goverment? we are being taken to the cleaners full stop. they use anything as an excuse to fuel the coffers..

      rahil.khanna.520 - 2012-06-29 14:23

      be gratefull you getting something

      jowza1 - 2012-06-29 14:24

      rahil.some people just love moaning

      sbu.mahwai - 2012-06-29 14:29

      Come on now - can we just be happy

      rahil.khanna.520 - 2012-06-29 14:33

      Jowza ..no wonder they cant move forward, they always looking back !

      boramk - 2012-06-29 14:47

      Do you want some cheese with that whine?

      herman.villiers - 2012-06-29 15:26

      Such a shame that the idiots that posted on your comment are such....idiots!!

      pierre.joubert.395 - 2012-06-29 15:39

      another idiot who does not understand inflation go back to school

      konstabel.koekemoer - 2012-06-29 16:49

      Warren, you've got your facts all wrong, when the oil price was so high in mid 2008 the petrol price peaked at R10.70 for a litre of 95 in Gauteng. It was in R7.60 region at the beginning and the end of 2008 but this was when the oil price was much lower. You can blame the government for many things but not our fuel price, even the taxes and levies are not excessive when compared to must other countries.

  • zolani.ntenge - 2012-06-29 14:24

    What are the chance's of food coming down seing that the petrol price has dropped for two consecutive months ?

  • Lindelwa - 2012-06-29 14:26

    Taxi drivers must reduce their fares to benefit the poor working class majority. Government should give attention to that.

  • Du Mabaso - 2012-06-29 14:29

    Bravoooo!!!! We expect another drop next month if things work out well

  • warren.sheehan.39 - 2012-06-29 14:35

    There is nothing to be grateful about? you have your eyes closed with blinkers on, if you cant see whats happening. Its a running joke, do you honestly think now fule comes down, that Milk, bread and the other staple foods will? why not do the excersize for yourself and watch. If you are happy to continue being ripped of then good for you? but to say "at least you are getting something?" when that price should not have gone up like it did int he first place? It always goes up more then it comes down lol.. But hey make us pay etolls aswell while we at it..

      jowza1 - 2012-06-29 14:40

      yawn

  • trevor.pietersen.3 - 2012-06-29 14:38

    Yeah right...and after the school holidays it goes up again...by R1.50... watch this space

  • shanleigh.sewsanker - 2012-06-29 14:42

    V8 not G8!!!!!

  • sabiha.lockhat - 2012-06-29 16:42

    job well done zuma, lets give you the credit, cos their is always some thing negative said against this country

      frankflower - 2012-06-29 18:12

      O dear, another blind one... And guess what, he cannot spell...

  • cameron.macfarlane.12 - 2012-06-29 19:36

    Where do you find 93 in KZN, I have only seen 95?

  • stefan.vosloo.33 - 2012-06-29 19:59

    Just wish every thing else would also come down once in a while

  • LAV24 - 2012-06-29 21:44

    I heard petrol will be going up in Aug????

  • freddy.vanwijk - 2012-06-30 08:06

    If things go the way they are, we could see the price go below that R10 mark next month. However it will not do much to bring down food prices because the "food cartels" and other businesses are hell bent hanging on to the profit margins and making it as big as possible without passing it on to consumers.

  • zwelakhegeorge.myeza - 2012-06-30 08:19

    Thanx, some relief for now.

  • ruben.maistry - 2012-06-30 10:45

    Try to use public transport as much as possible.You would save money and help to curbe pollution.

  • raymond.kok3 - 2012-07-01 18:07

    they give with the right hand beware of the left hand the conferance needs money in dec so the left hand will be at work around sept to dec eisch kawabanga

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