The department of energy has released the latest petrol price adjustments for November 2017, showing a marginal increase for petrol, with a slightly bigger jump for diesel.<\/p>\n
According to the department, 93 and 95 grades of petrol will be going up by 4 cents per litre, while the wholesale price of 0.05% and 0.005% diesel will be going up by 23 and 27 cents, respectively.<\/p>\n
The wholesale price of illuminating paraffin will go up by 21 cents, it said.<\/p>\n
The price hikes are due to the international prices of diesel increasing, while the weakness in the rand versus the dollar offset the decrease in international petrol prices.<\/p>\n
The rand depreciated 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 29 September 2017 to 26 October 2017 was 13.6210 compared to 13.1317 during the previous period.<\/p>\n
This led to a higher contribution to the Basic Fuels Price on petrol, diesel and illuminating paraffin by 22.12c\/l, 22.19c\/l and 22.07c\/l respectively, the department said.<\/p>\n
Here\u2019s are the official prices for November (inland prices) which will kick in on Wednesday, 1 November 2017:<\/p>\n
| Fuel<\/th>\n | October official<\/th>\n | November official<\/th>\n<\/tr>\n |
|---|---|---|
| 93 Petrol<\/td>\n | R13.74<\/td>\n | R13.78<\/td>\n<\/tr>\n |
| 95 Petrol<\/td>\n | R14.01<\/td>\n | R14.05<\/td>\n<\/tr>\n |
| 0.05% Diesel (wholesale)<\/td>\n | R12.13<\/td>\n | R12.36<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n \n |