{"id":802197,"date":"2024-12-03T10:26:59","date_gmt":"2024-12-03T08:26:59","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=802197"},"modified":"2024-12-06T09:26:31","modified_gmt":"2024-12-06T07:26:31","slug":"here-is-the-official-petrol-price-for-december-7","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/802197\/here-is-the-official-petrol-price-for-december-7\/","title":{"rendered":"Here is the official petrol price for December"},"content":{"rendered":"\n

The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take effect on Wednesday, 4 December 2024.<\/p>\n\n\n\n

November saw both the global price of diesel increase and the rand come in weaker relative to October, leading to an under-recovery in both petrol and diesel prices.<\/p>\n\n\n\n

This has translated to a price hike at the pumps, marking the second consecutive month of increases.<\/p>\n\n\n\n

Prices will be going up by 17 cents per litre for both 93 and 95 petrol<\/strong> and between 54.88 and 55.88 cents 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>increase<\/mark><\/mark><\/mark> of 17 cents per litre<\/td><\/tr>
Petrol 95<\/td>increase<\/mark><\/mark> of 17 cents per litre<\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>increase<\/mark> of 55 cents per litre<\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>increase<\/mark><\/mark> of 56 cents per litre<\/td><\/tr>
Illuminating Paraffin<\/td>increase<\/mark> of 49 cents per litre<\/td><\/tr>
LPGAS<\/td>increase<\/mark> of 172 cents per kg<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n

The Central Energy Fund said that the average international product prices for petrol decreased whilst diesel and illuminating paraffin increased during the period under review.<\/p>\n\n\n\n

Despite the price decrease in international products for petrol, the rand depreciated against the US dollar during the period under review, on average, when compared to the prior period. <\/p>\n\n\n\n

The average Rand\/US Dollar exchange rate for the period 01 November 2024 to 28 November 2024 was 17.9256 compared to 17.5301 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 22.35 c\/l, 23.74 c\/l, and 23.62 c\/l, respectively.<\/p>\n\n\n\n

Minister of Mineral Resources and Energy Gwede Mantshe also approved a net increase of 15.4 c\/l in the annual margin adjustments on petrol and a net increase of 8.88 c\/l on diesel and illuminating paraffin wholesale prices, with effect from 04 December 2024.<\/p>\n\n\n\n

As per 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 04 December 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>November Official<\/strong><\/td>December Official<\/strong><\/td><\/tr>
93 Petrol<\/td>R20.98<\/td>R21.15<\/mark><\/td><\/tr>
95 Petrol<\/td>R21.30<\/td>R21.47<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R18.66<\/td>R19.21<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R18.77<\/td>R19.33<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R12.87<\/td>R13.36<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R36.44<\/td>R38.16<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
Coastal<\/strong><\/td>November Official<\/strong><\/strong><\/strong><\/td>December Official<\/strong><\/strong><\/strong><\/strong><\/td><\/tr>
93 Petrol<\/td>R20.19<\/td>R20.36<\/mark><\/td><\/tr>
95 Petrol<\/td>R20.51<\/td>R20.68<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R17.87<\/td>R18.42<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R18.01<\/td>R18.57<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R11.87<\/td>R12.36<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R33.48<\/td>R35.20<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n\n\n\n

Read<\/strong>: International icon closing its doors in South Africa<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take effect on Wednesday, 4 December, 2024.<\/p>\n","protected":false},"author":95,"featured_media":644669,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26],"class_list":["post-802197","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\/802197","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\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=802197"}],"version-history":[{"count":9,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/802197\/revisions"}],"predecessor-version":[{"id":803234,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/802197\/revisions\/803234"}],"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=802197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=802197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=802197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}