Relief for motorists as fuel price decrease kicks in | Fin24
 
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Relief for motorists as fuel price decrease kicks in

Jan 02 2019 15:02
Lameez Omarjee and Carin Smith

Motorists have started 2019 with a lower price for fuel at the pumps after the latest round of monthly price adjustments came into effect on Wednesday.

The Department of Energy last week announced that the retail price of petrol would decrease by between R1.22/l and R1.23/l at the start of 2019. The fall is mainly due to lower international crude oil prices. 

This fuel price drop comes after prices reached record highs in October, with motorists paying as much as R17/l for petrol.

A litre of unleaded 95 octane petrol now costs R13.42 on the coast and R14.01 inland. Diesel will cost between R12.64 and R12.67 per litre on the coast, and between R13.13 and R13.16 inland, according to AA calculations.

The full list of fuel price adjustments are:

  • Petrol (93 Octane, ULP and LRP): 122.00 c/l decrease;
  • Petrol (95 Octane, ULP and LRP): 123.00 c/l decrease;
  • Diesel (0.05% sulphur): 153.92 c/l decrease;
  • Diesel (0.005% sulphur): 155.92 c/l decrease;
  • Illuminating Paraffin (wholesale): 123.00 c/l decrease;



fuel  |  petrol  |  department of energy
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