Petrol price increase South Africa
South African motorists are facing another petrol price increase today, twice in on month it is estimate to be around R23 per liter in December. As from the 2 October 2018 midnight the petrol price will be R17.0 that is a huge knockout for motorist and small businesses.
Petrol grades, 93 and 95 (Unleaded & Leaded), will increase by R1 per liter separately starting from midnight on Tuesday night. This will increase the overall retail price of 95 ULP for inland motorists to R17.08 and R16.49 at the coast this is the biggest increase South Africa will face.
The diesel cost will go up by R1.24 per liter and paraffin wholesale will increase by R1.04 per liter, while paraffin will increase by R1.39 per liter. The maximum retail price of gas will also increase by R1.79 per kilogram.
South Africa needs another alternative solution for energy
The effect rand’s depreciation‚ was mitigated by a decrease in the prices value of crude oil and as well as in imported prices of petroleum products will see farther increases.
Brent crude oil has decrease by $3 from $77 per barrel to $74 per barrel during the past period. The main goal was to lower crude oil price so that the organisation of petroleum exporting countries (OPEC) and there affiliated associates agreed to increase prices to that they could take market share from their rivals and calm prices to avoid moderating demand growth during their meeting on June 22 2018. This also impacts the local petrol price increase and some countries in Africa are not effected by this.
South Africa needs bio petroleum
We as South African business can look at alternative bio petroleum that is also eco friendly, cheap and would make new up coming business rich an would play a important role in the economy.
There are ways to start a bio petroleum company.
- Know fuel transporting regulations of South Africa
- Get fit and qualified drivers.
- Knowing general duties
- Go through Lernership and know every rule in the industry
- All specifications and code of practice
- What is more profitable to transport? Petrol or diesel?
- National petroleum production system in South Africa
- Transnet role in fuel transportation of bio fuel
Find alternative insurance quotes
Apply for car insurance from popular car insurance companies in South Africa.
Helpful info, petrol is to expensive.
petrol is expensive in South Africa
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my husband drives Toyota fortuner vvti
I have a vw gti
The government is killing the motorist
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Will probably be back to get more. Thanks
I drive hyundai i10, Thank you for your time,
Enjoy the rest of your day.
We still enjoying the R17.10 per litter, When will the government increase fuel?
i want to flue to be R9 a liter
I Would recommend them?
I wounder if the petrol price will go any lower R9.00 will be perfect
Could anyone advise me regarding the deadline for fuel price reduction? Wishing you Happiness and Good Cheer this Christmas.
Happy holiday South Africa
I hope the petrol price oneday goes to R11, per liter in South Africa
I love your article anyway.
Happy Holidays from our family to yours
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Most of us enjoyed the festive season because the flue price was reasonable, I was in Durban even cheaper, thank you insurance expert.
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Before march there will be another petrol decrease, Zimbabwe sow their highest increase to 35$ per liter
South africa, will see another fuel price increase. People will not be happy. 2019.02.06