Here is the official petrol price for November
The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take effect on Wednesday, November 6, 2024.
October saw both the global price of diesel climb significantly and the rand come in weaker relative to September, leading to an under-recovery in both petrol and diesel prices.
This has translated to a small price hike at the pumps, breaking the streak of five consecutive months of price cuts.
Prices will be going up by 25 cents per litre for petrol and between 20 and 21 cents per litre for diesel.
The table below outlines the changes:
Fuel | Change |
Petrol 93 | increase of 25 cents per litre |
Petrol 95 | increase of 25 cents per litre |
Diesel 0.05% (wholesale) | increase of 21 cents per litre |
Diesel 0.005% (wholesale) | increase of 20 cents per litre |
Illuminating Paraffin | increase of 28 cents per litre |
LPGAS | increase of 36 cents per kg |
The average international product prices for Petrol, Diesel and Illuminating Paraffin increased during the period under review.
The Rand appreciated against the US Dollar during the period under review, on average, when compared to the previous period.
The average Rand/US Dollar exchange rate for the period 27 September 2024 to 31 October 2024 was 17.5301 compared to 17.6723 during the previous period.
This led to a lower contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin by 8.34 c/l, 8.49 c/l, 8.49 c/l respectively.
In line with the provisions of the Self-Adjusting Slate Levy Mechanism, the Slate Levy on petrol and diesel will remain at 0.00 c/l with effect from 06 November 2024.
This is how the price changes will reflect at the pumps (Diesel prices reflect wholesale, pump prices will differ):
Inland | October Official | Change | November Official |
93 Petrol | R20.73 | +25 | R20.98 |
95 Petrol | R21.05 | +25 | R21.30 |
Diesel 0.05% (wholesale) | R18.45 | +21 | R18.66 |
Diesel 0.005% (wholesale) | R18.57 | +20 | R18.77 |
Illuminating Paraffin | R12.66 | +21 | R12.87 |
LPGAS (per kg) | R36.08 | +36 | R36.44 |
Coastal | October Official | Change | November Official |
93 Petrol | R19.94 | +25 | R20.19 |
95 Petrol | R20.26 | +25 | R20.51 |
Diesel 0.05% (wholesale) | R17.66 | +21 | R17.87 |
Diesel 0.005% (wholesale) | R17.81 | +20 | R18.01 |
Illuminating Paraffin | R11.66 | +21 | R11.87 |
LPGAS (per kg) | R33.12 | +36 | R33.48 |