{"id":748370,"date":"2024-02-06T12:01:42","date_gmt":"2024-02-06T10:01:42","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=748370"},"modified":"2024-02-06T12:03:48","modified_gmt":"2024-02-06T10:03:48","slug":"here-is-the-official-petrol-price-for-february-5","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/748370\/here-is-the-official-petrol-price-for-february-5\/","title":{"rendered":"Here is the official petrol price for February"},"content":{"rendered":"\n

The Department of Mineral Resources and Energy has published the official fuel price adjustments for February 2024, showing a jump for both petrol and diesel.<\/p>\n\n\n\n

Price adjustments will come into effect on Wednesday, 7 February 2024<\/strong>.<\/p>\n\n\n\n

Petrol prices will be hiked by 75 cents per litre, and diesel will be going up by 70 to 73 cents a litre.<\/p>\n\n\n\n

Fuel<\/strong><\/td>Price Change<\/strong><\/td><\/tr>
Petrol 93<\/td>increase <\/mark>of 75 cents per litre<\/td><\/tr>
Petrol 95<\/td>increase <\/mark>of 75 cents per litre<\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>increase <\/mark>of 73 cents per litre<\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>increase <\/mark>of 70 cents per litre<\/td><\/tr>
Illuminating Paraffin<\/td>increase <\/mark>of 53 cents per litre<\/td><\/tr>
LPGAS<\/td>increase<\/mark> of 37 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. <\/p>\n\n\n\n

The average Rand\/US Dollar exchange rate for the period 28 December 2023 to 1 February 2024 was 18.7655 compared to 18.6608 during the previous period. <\/p>\n\n\n\n

This led to a higher contribution to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by 6.86 c\/l, 7.41 c\/l and 7.54 c\/l, respectively.

In line with the provisions of the Self-Adjusting Slate Levy Mechanism, the Slate Levy on petrol and diesel will remain at 0.00 c\/l with effect from 7 February 2024.<\/p>\n\n\n\n

The Single Maximum National Retail Price for the period 7 February 2024 to 5 March 2024 will be 2 052.0 c\/l compared to 1 981.0 c\/l for the period 03 January 2024 to 06 February 2024.<\/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 (Diesel prices reflect wholesale, pump prices will differ):<\/p>\n\n\n\n

Inland<\/strong><\/td>January Official<\/strong><\/strong><\/td>February Official<\/strong><\/td><\/tr>
93 Petrol<\/td>R22.17<\/td>R22.92<\/mark><\/td><\/tr>
95 Petrol<\/td>R22.49<\/td>R23.24<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R20.63<\/td>R21.36<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R20.73<\/td>R21.43<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R15.31<\/td>R15.84<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R37.53<\/td>R37.90<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
Coastal<\/strong><\/td>January Official<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td>February Official<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr>
93 Petrol<\/td>R21.45<\/td>R22.20<\/mark><\/td><\/tr>
95 Petrol<\/td>R21.77<\/td>R22.52<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R19.91<\/td>R20.64<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R20.04<\/td>R20.74<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R14.38<\/td>R14.91<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R34.57<\/td>R34.94<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n\n\n\n

Read: Fuel tax hike warning for South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Mineral Resources and Energy has published the official fuel price adjustments for February 2024.<\/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-748370","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\/748370","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=748370"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/748370\/revisions"}],"predecessor-version":[{"id":749118,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/748370\/revisions\/749118"}],"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=748370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=748370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=748370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}