{"id":722056,"date":"2023-10-03T11:17:16","date_gmt":"2023-10-03T09:17:16","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=722056"},"modified":"2023-10-03T11:17:16","modified_gmt":"2023-10-03T09:17:16","slug":"here-is-the-official-petrol-price-for-october-5","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/722056\/here-is-the-official-petrol-price-for-october-5\/","title":{"rendered":"Here is the official petrol price for October"},"content":{"rendered":"\n

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

Reflecting warnings published throughout September, motorists are in for a hefty price hike from Wednesday, 4 October<\/strong>.<\/p>\n\n\n\n

Petrol prices will be going up by R1.08 and R1.14 per litre, and diesel will be hiked by between R1.94 and R1.97 a litre.<\/p>\n\n\n\n

Fuel<\/strong><\/td>Price Change<\/strong><\/td><\/tr>
Petrol 93<\/td>increase<\/mark> of 108 cents per litre<\/td><\/tr>
Petrol 95<\/td>increase<\/mark> of 114 cents per litre<\/td><\/tr>
Diesel 0.05%<\/td>increase<\/mark> of 197 cents per litre<\/td><\/tr>
Diesel 0.005%<\/td>increase <\/mark>of 194 cents per litre<\/td><\/tr>
Illuminating Paraffin<\/td>increase<\/mark> of 151 cents per litre<\/td><\/tr>
LPGAS<\/td>increase<\/mark> of 250 cents per kg<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n

The average international product prices for Petrol, Diesel and Illuminating Paraffin increased during the period under review.<\/p>\n\n\n\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 01 September 2023 to 28 September 2023 was 18.9853 compared to 18.6731 during the previous period. <\/p>\n\n\n\n

This led to a higher contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin by 24.17 c\/l, 26.63 c\/l and 26.59 c\/l, respectively.<\/p>\n\n\n\n

In terms of the Working Rules to administer the BFP, the differentials between 95 and 93 petrol grades are adjusted at the beginning of each quarter. <\/p>\n\n\n\n

The BFP differentials between 95 and 93 petrol grades have changed, and therefore, the different price adjustments between the two grades.<\/p>\n\n\n\n

The combined cumulative petrol and diesel Slate balances at the end of August 2023 amounted to a negative balance of R3.519 billion. <\/p>\n\n\n\n

In line with the provisions of the Self-Adjusting Slate Levy Mechanism, a Slate Levy of 30.70 c\/l will be implemented into the price structures of petrol and diesel with effect from 04 October 2023.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n
\n\n\n\n

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

Inland<\/strong><\/td>September Official<\/strong><\/strong><\/td>October Official<\/strong><\/td><\/tr>
93 Petrol<\/td>R24.14<\/td>R25.22<\/mark><\/td><\/tr>
95 Petrol<\/td>R24.54<\/td>R25.68<\/mark><\/td><\/tr>
Diesel 0.05%<\/td>R23.05<\/td>R25.02<\/mark><\/td><\/tr>
Diesel 0.005%<\/td>R23.28<\/td>R25.22<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R17.41<\/td>R18.92<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R31.76<\/td>R34.26<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
Coastal<\/strong><\/td>September Official<\/strong><\/strong><\/td>October Official<\/strong><\/strong><\/td><\/tr>
93 Petrol<\/td>R23.42<\/td>R24.50<\/mark><\/td><\/tr>
95 Petrol<\/td>R23.82<\/td>R24.96<\/mark><\/td><\/tr>
Diesel 0.05%<\/td>R22.32<\/td>R24.29<\/mark><\/td><\/tr>
Diesel 0.005%<\/td>R22.59<\/td>R24.53<\/mark><\/td><\/tr>
Illuminating Parafin<\/td>R16.48<\/td>R<\/mark>17.99<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R29.17<\/td>R31.67<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n\n\n\n

Read: Warning over petrol and diesel prices for the rest of 2023<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Mineral Resources and Energy has published the official petrol and diesel price changes for October.<\/p>\n","protected":false},"author":10,"featured_media":644669,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26],"class_list":["post-722056","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\/722056","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=722056"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/722056\/revisions"}],"predecessor-version":[{"id":722610,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/722056\/revisions\/722610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/644669"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=722056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=722056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=722056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}