{"id":792780,"date":"2024-09-30T10:31:48","date_gmt":"2024-09-30T08:31:48","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=792780"},"modified":"2024-09-30T10:32:53","modified_gmt":"2024-09-30T08:32:53","slug":"here-is-the-official-petrol-price-for-october-6","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/792780\/here-is-the-official-petrol-price-for-october-6\/","title":{"rendered":"Here is the official petrol price for October"},"content":{"rendered":"\n

The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will kick in on Wednesday, 2 October 2024.<\/p>\n\n\n\n

Following a strong start to recoveries at the beginning of September, a stable global oil price and a stronger rand versus the dollar have to a sizeable cut for petrol and diesel.<\/p>\n\n\n\n

This has translated to a fifth consecutive cut at the pumps, with prices coming down by between R1.06 and R1.14 per litre for petrol<\/strong> and between R1.12 and R1.14 per litre for diesel<\/strong>.<\/p>\n\n\n\n

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

Fuel<\/strong><\/td>Change<\/strong><\/td><\/tr>
Petrol 93<\/td>decrease<\/mark> of106 cents per litre<\/td><\/tr>
Petrol 95<\/td>decrease<\/mark> of 114 cents per litre<\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>decrease<\/mark> <\/mark>of 114 cents per litre<\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>decrease<\/mark> <\/mark>of 112 cents per litre<\/td><\/tr>
Illuminating Paraffin<\/td>decrease<\/mark> <\/mark>of 111 cents per litre<\/td><\/tr>
LPGAS<\/td>increase<\/mark> of 23 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 appreciated 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 30 August 2024 to 26 September 2024 was 17.6723 compared to 18.0578 during the previous period. <\/p>\n\n\n\n

This led to a lower contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin by 21.91 c\/l, 22.33 c\/l, 22.44c\/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

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 02 October 2024<\/p>\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>September<\/strong> Official<\/strong><\/td>October Official<\/strong><\/td><\/tr>
93 Petrol<\/td>R21.79<\/td>R20.73<\/mark><\/td><\/tr>
95 Petrol<\/td>R22.19<\/td>R21.05<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R19.59<\/td>R18.45<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R19.69<\/td>R18.57<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R13.77<\/td>R12.66<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R35.85<\/td>R36.08<\/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>R21.00<\/td>R19.94<\/mark><\/td><\/tr>
95 Petrol<\/td>R21.40<\/td>R20.26<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R18.80<\/td>R17.66<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R18.93<\/td>R17.81<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R12.77<\/td>R11.66<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R32.89<\/td>R33.12<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n\n\n\n

Read: Red flags for South Africans earning over R20,000 per month<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will kick in on Wednesday, 2 October 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-792780","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\/792780","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=792780"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/792780\/revisions"}],"predecessor-version":[{"id":792894,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/792780\/revisions\/792894"}],"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=792780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=792780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=792780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}