{"id":756505,"date":"2024-03-04T10:59:38","date_gmt":"2024-03-04T08:59:38","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=756505"},"modified":"2024-03-04T11:05:29","modified_gmt":"2024-03-04T09:05:29","slug":"here-is-the-official-petrol-price-for-march-5","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/756505\/here-is-the-official-petrol-price-for-march-5\/","title":{"rendered":"Here is the official petrol price for March"},"content":{"rendered":"\n

The Department of Mineral Resources and Energy has published the latest official fuel price adjustments, which will kick in from Wednesday, 6 March 2024.<\/p>\n\n\n\n

As has been reported in updates throughout February, both petrol and diesel will see price hikes, with petrol going up R1.21 per litre and diesel by R1.06 and R1.19 per litre.<\/p>\n\n\n\n

The table below outlines the changes:<\/p>\n\n\n\n

Fuel<\/strong><\/td>Price Change<\/strong><\/td><\/tr>
Petrol 93<\/td>increase <\/mark>of 121 cents per litre<\/td><\/tr>
Petrol 95<\/td>increase <\/mark>of 121 cents per litre<\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>increase <\/mark>of 106 cents per litre<\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>increase <\/mark>of 119 cents per litre<\/td><\/tr>
Illuminating Paraffin<\/td>increase <\/mark>of 64 cents per litre<\/td><\/tr>
LPGAS<\/td>increase<\/mark> of 41 cents per kg<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n

Transnet Pipelines (TPL) has decommissioned the Kroonstad pipeline on 31 December 2023. This has affected the 4 Magisterial District Zones (MDZ), which are 8C, 9C, 10C and 11C. <\/p>\n\n\n\n

In line with the Ministerial approval, the transport tariff adjustments that are applicable to petrol and diesel price structures will range from a decrease of 5.7 c\/l (8C) to an increase of 0.9 c\/l (10C). <\/p>\n\n\n\n

As a result, the different transport tariff adjustments for the 4 MDZ will be implemented with effect from 06 March 2024.<\/p>\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 02 February 2024 to 29 February 2024 was 19.0186 compared to 18.7655 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 17.71 c\/l, 18.74 c\/l and 18.53 c\/l, respectively.<\/p>\n\n\n\n

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 06 March 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>February Official<\/strong><\/strong><\/td>March Official<\/strong><\/td><\/tr>
93 Petrol<\/td>R22.92<\/td>R24.13<\/mark><\/td><\/tr>
95 Petrol<\/td>R23.24<\/td>R24.45<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R21.36<\/td>R22.42<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R21.43<\/td>R22.62<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R15.84<\/td>R16.48<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R37.90<\/td>R38.31<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
Coastal<\/strong><\/td>February Official<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td>March Official<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr>
93 Petrol<\/td>R22.20<\/td>R23.41<\/mark><\/td><\/tr>
95 Petrol<\/td>R22.52<\/td>R23.73<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R20.64<\/td>R21.70<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R20.74<\/td>R21.93<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R14.91<\/td>R15.55<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R34.94<\/td>R35.35<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n\n\n\n

Read: Petrol price \u2018relief\u2019 for South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Mineral Resources and Energy has published the latest official fuel price adjustments, which will kick in from Wednesday, 6 March 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-756505","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\/756505","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=756505"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/756505\/revisions"}],"predecessor-version":[{"id":757169,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/756505\/revisions\/757169"}],"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=756505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=756505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=756505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}