{"id":100124,"date":"2015-10-02T18:13:34","date_gmt":"2015-10-02T16:13:34","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=100124"},"modified":"2015-10-03T07:49:03","modified_gmt":"2015-10-03T05:49:03","slug":"official-petrol-prices-for-october-2015","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/100124\/official-petrol-prices-for-october-2015\/","title":{"rendered":"Official petrol prices for October 2015"},"content":{"rendered":"<p>The Department of Energy has announced the shifts in diesel and petrol prices for October 2015.<\/p>\n<p>As predicted throughout the month, 93 EPU\/LRP petrol will decrease by <strong>2\u00a0cents<\/strong> per litre, while 95 EPU\/LRP petrol will increase by\u00a0<strong>4\u00a0cents<\/strong>.<\/p>\n<p>Diesel will increase by a sizable <strong>53<\/strong>\u00a0<strong>cents<\/strong> and <strong>51<\/strong>\u00a0<strong>cents<\/strong> per litre for 0.05% and 0.005% sulphur, respectively.<\/p>\n<p>The wholesale price of illuminating paraffin will increase\u00a0by <strong>50<\/strong>\u00a0<strong>cents<\/strong>.<\/p>\n<p>The changes will take place at midnight on 6 October, 2015, for\u00a0<strong>7 October 2015 onwards<\/strong>.<\/p>\n<p>The following table breaks down the changes and what the new pump prices will be at inland and coastal stations.<\/p>\n<h3 class=\"my-4\">New petrol prices for October 2015<\/h3>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"40%\">Fuel<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">Increase\/(Decrease) in cents<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">New Inland Price<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"20%\">New Coastal Price<\/th>\n<\/tr>\n<tr>\n<td>93 Petrol<\/td>\n<td>\u00a0(2)<\/td>\n<td>R12.30<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td>95 Petrol<\/td>\n<td>\u00a04<\/td>\n<td>R12.63<\/td>\n<td>R12.18<\/td>\n<\/tr>\n<tr>\n<td>0.05% Diesel<\/td>\n<td>\u00a053<\/td>\n<td>R10.94<\/td>\n<td>R10.61<\/td>\n<\/tr>\n<tr>\n<td>0.005% Diesel<\/td>\n<td>\u00a051<\/td>\n<td>R11.00<\/td>\n<td>R10.67<\/td>\n<\/tr>\n<tr>\n<td>Illuminating Paraffin (Wholesale)<\/td>\n<td>\u00a050<\/td>\n<td>R7.12<\/td>\n<td>R7.12<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<p>The marginal changes in the petrol price are due to the flat oil price and large fluctations in the strength of the rand versus the dollar over the course of the past month.<\/p>\n<p>The rand saw ups and downs across the month of September, hitting new highs above R14 to the dollar at the start and at the end of the month.<\/p>\n<p>This took its toll on the country &#8211; as seen in the petrol price, which could have dropped by as much as 30 cents a litre if it had performed better, according to the Automobile Association (AA).<\/p>\n<p>Diesel&#8217;s big <strong>51-53<\/strong>\u00a0<strong>cent<\/strong> climb would have been limited to around only 20 cents, the group said.<\/p>\n<p>The weakening of the Rand against the US Dollar increased the contribution to the Basic Fuels Price on petrol, diesel and illuminating paraffin by 32.00 c\/l, 30.89 c\/l and 30.27 c\/l respectively, the department of energy said.<\/p>\n<p>A recent ranking by Bloomberg showed that while South Africans don&#8217;t pay the most for petrol in the world, our fuel bill eats up a bigger portion of our annual salaries than any other country.<\/p>\n<p><strong>Read:\u00a0<a title=\"Permalink to Petrol price rankings: South Africa vs the world\" href=\"http:\/\/businesstech.co.za\/news\/energy\/99034\/petrol-price-rankings-south-africa-vs-the-world\/\" rel=\"bookmark\">Petrol price rankings: South Africa vs the world<\/a><\/strong><\/p>\n<h3 class=\"my-4\">More on petrol price<\/h3>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/98623\/weak-rand-hits-fuel-price-hard-aa\/\" target=\"_blank\">Weak rand hits fuel price hard: AA<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/wealth\/96827\/big-drop-in-sa-petrol-price-next-week-but-brace-for-tough-times\/\">Big drop in SA petrol price next week \u2013 but brace for tough times<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/businesstech.co.za\/news\/wealth\/96675\/7-things-you-need-to-know-about-debt-in-south-africa\/\"><strong>7 things you need to know about debt in South Africa<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Energy has announced the shifts in diesel and petrol prices for October 2015.<\/p>\n","protected":false},"author":10,"featured_media":78155,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[1499,26,2171],"class_list":["post-100124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-department-of-energy","tag-headline","tag-petrol-price"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/100124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=100124"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/100124\/revisions"}],"predecessor-version":[{"id":100194,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/100124\/revisions\/100194"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/78155"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=100124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=100124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=100124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}