The Department of Energy has published the official petrol prices for December 2017 – with the increases higher than first anticipated, thanks to a weaker rand and higher oil prices.<\/p>\n
From Wednesday, 6 December, the\u00a0price of petrol for all grades will increase by 71 cents a litre. The per litre price of diesel 0.05% sulphur and 0.005% sulphur will increase by 60 cents and 57 cents respectively.<\/p>\n
The price of illuminating paraffin – wholesale and Single Maximum National Retail price – will go up by 73.3 cents and 98 cents a litre respectively.<\/p>\n
The department of energy said in a statement that the minister has approved a net increase of 3.9 cents per litre in the annual margin adjustments on petrol and a net decrease of 0.7 cents per litre on diesel and illuminating paraffin wholesale prices,\u00a0in line with the application of the Regulatory Accounts System.<\/p>\n
This is effective from Wednesday (6 December).<\/p>\n
It said that the average international product prices of petrol, diesel and illuminating paraffin increased during the period under review.<\/p>\n
And this while the rand depreciated against the US dollar, with the average ZAR\/USD exchange rate for the period 27 October to 30 November 2017 weakening to R14.0964\/$, compared with R13.6210 against the US currency in the previous comparable period.<\/p>\n
“This led to a higher contribution to the Basic Fuels Price on petrol, diesel and illuminating paraffin by 23.15 cents per litre, 23.03\u00a0cents per litre and 23.34\u00a0cents per litre respectively,” the department said.<\/p>\n
The maximum retail price for LP Gas will cost 204 cents more per kilogram.<\/p>\n
<\/p>\n
| Fuel<\/th>\n | November official<\/th>\n | December official<\/th>\n<\/tr>\n |
|---|---|---|
| 93 Petrol<\/td>\n | R13.78<\/td>\n | R14.49<\/td>\n<\/tr>\n |
| 95 Petrol<\/td>\n | R14.05<\/td>\n | R14.76<\/td>\n<\/tr>\n |
| 0.05% Diesel (wholesale)<\/td>\n | R12.36<\/td>\n | R12.96<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n \n |