{"id":780758,"date":"2024-07-03T15:59:00","date_gmt":"2024-07-03T13:59:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=780758"},"modified":"2024-07-04T11:02:50","modified_gmt":"2024-07-04T09:02:50","slug":"new-petrol-prices-for-july-delayed","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/780758\/new-petrol-prices-for-july-delayed\/","title":{"rendered":"New petrol prices for July delayed"},"content":{"rendered":"\n<p>The Central Energy Fund has confirmed that the changes to fuel prices in South Africa have been delayed by a day, with the new pricing structure only approved in the past day.<\/p>\n\n\n\n<p>This means the new pricing <strong>will only take effect from Thursday, 4 July, 2024<\/strong>, instead of Wednesday, 3 July.<\/p>\n\n\n\n<p>The CEF media team confirmed that approvals for the release were only given on Wednesday.<\/p>\n\n\n\n<p>This is a departure from the historic implementation date of the first Wednesday of a new month and reportedly reflects the delays in forming a new administration and getting new ministers in government.<\/p>\n\n\n\n<p>Notably, president Cyril Ramaphosa only confirmed his new cabinet on Sunday, 30 June, and the cabinet was only sworn in on Wednesday, 3 July\u2014the day the changes were supposed to take effect.<\/p>\n\n\n\n<p>Further changes to the Department of Mineral Resources and Energy, which determines the price changes, is that is has now been split up into the Department of Electricity and Energy, under minister Kgosientsho Ramokgopa, and the Department of Petroleum and Mineral Resources, under Gwede Mantashe.<\/p>\n\n\n\n<p>Despite the delay, South African motorists will at least get to enjoy lower fuel prices for the month, helped by solid market conditions in June.<\/p>\n\n\n\n<p>This includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The average Brent Crude oil price decreased from 82.98 US Dollars (USD) to 82.24 USD per barrel, during the period under review.<\/li>\n\n\n\n<li>The average international product prices of petrol decreased following the lower brent crude oil prices during the period under review. <\/li>\n\n\n\n<li>The Rand appreciated slightly, on average, against the US Dollar (from 18.46 to 18.44 Rand per USD) during the period under review when compared to the previous one. <\/li>\n\n\n\n<li>The slate levy decreases by 4.38 cents per litre on the prices of both diesel and petrol.<\/li>\n<\/ul>\n\n\n\n<p>The table below outlines the changes:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><tbody><tr><td><strong>Fuel<\/strong><\/td><td><strong>Change<\/strong><\/td><\/tr><tr><td>Petrol 93<\/td><td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease<\/mark>&nbsp;of 105 cents per litre<\/td><\/tr><tr><td>Petrol 95<\/td><td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease<\/mark> of 99 cents per litre<\/td><\/tr><tr><td>Diesel 0.05% (wholesale)<\/td><td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease<\/mark><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-green-cyan-color\">&nbsp;<\/mark>of 30 cents per litre<\/td><\/tr><tr><td>Diesel 0.005% (wholesale)<\/td><td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease<\/mark><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-green-cyan-color\">&nbsp;<\/mark>of 24 cents per litre<\/td><\/tr><tr><td>Illuminating Paraffin<\/td><td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease<\/mark><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">&nbsp;<\/mark>of 18 cents per litre<\/td><\/tr><tr><td>LPGAS<\/td><td><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease<\/mark>&nbsp;of 22 cents per kg<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>This is how the price changes will reflect at the pumps from 4 July (Diesel prices reflect wholesale, pump prices will differ):<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><tbody><tr><td><strong>Inland<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>June Official<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>July Official<\/strong><\/td><\/tr><tr><td>93 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R23.91<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R22.86<\/mark><\/td><\/tr><tr><td>95 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R24.25<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R23.26<\/mark><\/td><\/tr><tr><td>Diesel 0.05% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R20.96<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R20.66<\/mark><\/td><\/tr><tr><td>Diesel 0.005% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.15<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R20.91<\/mark><\/td><\/tr><tr><td>Illuminating Paraffin<\/td><td class=\"has-text-align-center\" data-align=\"center\">R15.20<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R15.02<\/mark><\/td><\/tr><tr><td>LPGAS (per kg)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R36.31<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R36.09<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><tbody><tr><td><strong>Coastal<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong>June Official<\/strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong><strong>July Official<\/strong><\/strong><\/td><\/tr><tr><td>93 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R23.12<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R22.07<\/mark><\/td><\/tr><tr><td>95 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R23.46<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R22.47<\/mark><\/td><\/tr><tr><td>Diesel 0.05% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R20.17<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R19.87<\/mark><\/td><\/tr><tr><td>Diesel 0.005% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R20.39<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R20.15<\/mark><\/td><\/tr><tr><td>Illuminating Paraffin<\/td><td class=\"has-text-align-center\" data-align=\"center\">R14.20<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R14.02<\/mark><\/td><\/tr><tr><td>LPGAS (per kg)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R33.35<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">R33.13<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/energy\/773669\/petrol-price-shock-for-south-african-motorists\/\"><a href=\"https:\/\/businesstech.co.za\/news\/motoring\/780572\/bakkie-prices-in-south-africa-vs-australia-vs-uk-vs-usa-and-more\/\">Bakkie prices in South Africa vs Australia vs UK vs USA and more<\/a><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Energy Fund has confirmed that approvals for fuel price changes for July happened later than usual &#8211; with new prices kicking in a day later than expected.<\/p>\n","protected":false},"author":10,"featured_media":715028,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26],"class_list":["post-780758","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\/780758","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=780758"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/780758\/revisions"}],"predecessor-version":[{"id":780909,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/780758\/revisions\/780909"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/715028"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=780758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=780758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=780758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}