{"id":727702,"date":"2023-10-30T12:16:44","date_gmt":"2023-10-30T10:16:44","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=727702"},"modified":"2023-11-02T13:57:46","modified_gmt":"2023-11-02T11:57:46","slug":"here-is-the-official-petrol-price-for-november-5","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/727702\/here-is-the-official-petrol-price-for-november-5\/","title":{"rendered":"Here is the official petrol price for November"},"content":{"rendered":"\n

The Department of Mineral Resources and Energy has published the official petrol and diesel price changes for November 2023.<\/p>\n\n\n\n

Reflecting the trend seen throughout October, motorists are in for a sizeable fuel price cut from Wednesday, 1 November<\/strong>.<\/p>\n\n\n\n

Petrol prices will be cut by R1.78 per litre, and diesel will be going down by between 82 and 85 cents a litre.<\/p>\n\n\n\n

Fuel<\/strong><\/td>Price Change<\/strong><\/td><\/tr>
Petrol 93<\/td>decrease<\/mark> of 178 cents per litre<\/td><\/tr>
Petrol 95<\/td>decrease <\/mark>of 178 cents per litre<\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>decrease<\/mark> of 85 cents per litre<\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>decrease<\/mark> of 82 cents per litre<\/td><\/tr>
Illuminating Paraffin<\/td>decrease<\/mark> of 97 cents per litre<\/td><\/tr>
LPGAS<\/td>increase<\/mark> of 149 cents per kg<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n

The average international product prices for Petrol, Diesel and Illuminating Paraffin decreased 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 29 September 2023 to 26 October 2023 was 19.0797 compared to 18.9853 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 6.34 c\/l, 7.57 c\/l and 7.61 c\/l, respectively.<\/p>\n\n\n\n

The combined cumulative petrol and diesel Slate balances at the end of September 2023 amounted to a negative balance of R 6.267 billion. <\/p>\n\n\n\n

In line with the provisions of the Self-Adjusting Slate Levy Mechanism, a Slate Levy of 52.62 c\/l (increase of 21.92 c\/l) will be implemented into the price structures of petrol and diesel with effect from 01 November 2023.<\/p>\n\n\n\n

The Single Maximum National Retail Price for the period 01 November 2023 to 05 December 2023 will be 2 333.0 compared to 2 463.0 c\/l for the period 04 October 2023 to 31 October 2023.<\/p>\n\n\n\n

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

This is how the price changes will reflect at the pumps (Diesel prices reflect wholesale, pump prices will differ):<\/p>\n\n\n\n

Inland<\/strong><\/td>October Official<\/strong><\/strong><\/td>November Official<\/strong><\/td><\/tr>
93 Petrol<\/td>R25.22<\/td>R23.44<\/mark><\/td><\/tr>
95 Petrol<\/td>R25.68<\/td>R23.90<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R25.02<\/td>R24.17<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R25.22<\/td>R24.40<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R18.92<\/td>R17.95<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R34.26<\/td>R35.75<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
Coastal<\/strong><\/td>October Official<\/strong><\/strong><\/strong><\/strong><\/td>November Official<\/strong><\/strong><\/strong><\/td><\/tr>
93 Petrol<\/td>R24.50<\/td>R22.72<\/mark><\/td><\/tr>
95 Petrol<\/td>R24.96<\/td>R23.18<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R24.29<\/td>R23.44<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R24.53<\/td>R23.71<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R17.99<\/td>R17.02<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R31.67<\/td>R33.16<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n\n\n\n

Read: Warning over petrol prices, inflation and interest rates in South Africa<\/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 November 2023.<\/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-727702","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\/727702","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=727702"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/727702\/revisions"}],"predecessor-version":[{"id":728955,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/727702\/revisions\/728955"}],"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=727702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=727702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=727702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}