{"id":648237,"date":"2022-12-06T11:10:47","date_gmt":"2022-12-06T09:10:47","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=648237"},"modified":"2022-12-06T11:11:18","modified_gmt":"2022-12-06T09:11:18","slug":"here-is-the-official-petrol-price-for-december-5","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/648237\/here-is-the-official-petrol-price-for-december-5\/","title":{"rendered":"Here is the official petrol price for December"},"content":{"rendered":"

The Department of Energy has published the official petrol and diesel price changes for December.<\/p>\n

It’s good news for diesel, with prices coming down by more than R1.50 per litre from 7 December 2022 – however petrol prices will see a jump, rising by 59 cents per litre.<\/p>\n

The reason for the lower decrease for diesel (projected at R1.17 per litre at the end of last week) and higher increase for petrol (projected at 20 cents per litre at the end of last week) is due to a hike in annual margin adjustments, and a hike from the slate levy.<\/p>\n

Prices will be adjusted as follows:<\/p>\n

\n
\n\n\n\n\n\n\n\n\n
Fuel<\/th>\nPrice change<\/th>\n<\/tr>\n
Petrol 93<\/td>\nincrease<\/span> of 59 cents per litre<\/td>\n<\/tr>\n
Petrol 95<\/td>\nincrease<\/span> of 59 cents per litre<\/td>\n<\/tr>\n
Diesel 0.05%<\/td>\ndecrease <\/span>of 157 cents per litre<\/td>\n<\/tr>\n
Diesel 0.005%<\/td>\ndecrease<\/span> of 152 cents per litre<\/td>\n<\/tr>\n
Illuminating Paraffin (wholesale)<\/td>\ndecrease<\/span> of 57 cents per litre<\/td>\n<\/tr>\n
LPGAS<\/td>\nincrease<\/span> of 95 cents per kilogram<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

The average international product prices for Petrol, Diesel and Illuminating Paraffin increased during the period under review.<\/p>\n

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 28 October to 2 December 2022 was 17.5338 compared to 18.1099 during the previous period.<\/p>\n

This led to a lower contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin by 40.31 c\/l, 48.94 c\/l and 48.98 c\/l, respectively.<\/p>\n

In line with the application of the Regulatory Accounts System, the Minister of Mineral Resources and Energy has approved a net increase of 21.26 c\/l<\/strong> in the annual margin adjustments on petrol and a net increase of 0.67 c\/l on diesel and illuminating paraffin wholesale prices, with effect from 7 December 2022.<\/p>\n

The Minister of Mineral Resources and Energy has also approved the adjustments to some of the pricing elements of the maximum retail price structure of liquified petroleum gas (LP Gas) with an adjustment of 90.6 c\/kg with effect from 7 December 2022. LP Gas prices will differ from each zones.<\/p>\n

The combined cumulative petrol and diesel Slate balances at the end of October 2022 amounted to a negative balance of R9.697 billion. In line with the provisions of the Self-Adjusting Slate Levy Mechanism, a Slate Levy of 83.28 c\/l (increase of 13.14 c\/l<\/strong>) has been implemented into the price structures of petrol and diesel with effect from 7 December 2022.<\/p>\n

\"\"<\/p>\n

\n

This is how the expected price changes will reflect at the pumps:<\/p>\n

\n
\n\n\n\n\n\n\n\n\n
Inland<\/th>\nNovember Official<\/th>\nDecember Official<\/th>\n<\/tr>\n
93 Petrol<\/td>\nR22.57<\/td>\nR23.16<\/span><\/td>\n<\/tr>\n
95 Petrol<\/td>\nR22.87<\/td>\nR23.46<\/span><\/td>\n<\/tr>\n
0.05% diesel (wholesale)<\/td>\nR25.49<\/td>\nR23.92<\/span><\/td>\n<\/tr>\n
0.005% diesel (wholesale)<\/td>\nR25.75<\/td>\nR24.23<\/span><\/td>\n<\/tr>\n
Illuminating Paraffin<\/td>\nR17.76<\/td>\nR17.19<\/span><\/td>\n<\/tr>\n
LPGAS (p\/kg)<\/td>\nR33.09<\/td>\nR34.04<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n
\n
\n\n\n\n\n\n\n\n\n
Coastal<\/th>\nNovember Official<\/th>\nDecember Official<\/th>\n<\/tr>\n
93 Petrol<\/td>\nR21.92<\/td>\nR22.51<\/span><\/td>\n<\/tr>\n
95 Petrol<\/td>\nR22.22<\/td>\nR22.81<\/span><\/td>\n<\/tr>\n
0.05% diesel (wholesale)<\/td>\nR24.84<\/td>\nR23.27<\/span><\/td>\n<\/tr>\n
0.005% diesel (wholesale)<\/td>\nR25.11<\/td>\nR23.59<\/span><\/td>\n<\/tr>\n
Illuminating Paraffin<\/td>\nR16.97<\/td>\nR16.40<\/span><\/td>\n<\/tr>\n
LPGAS (p\/kg)<\/td>\nR30.68<\/td>\nR31.63<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n
\n

Read: Diesel thieves arrested at Eskom<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Energy has published the official petrol and diesel price changes for December.<\/p>\n","protected":false},"author":10,"featured_media":642187,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26],"class_list":["post-648237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/648237","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=648237"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/648237\/revisions"}],"predecessor-version":[{"id":649237,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/648237\/revisions\/649237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/642187"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=648237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=648237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=648237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}