Consumers will have to reach deeper into their pockets this coming month as the price of petrol is expected to increase from Wednesday.
The price of both grades of petrol (93 ULP and LRP) and (95 ULP and LRP) is set to increase by 37 cents a litre.
This means that a litre of 95 petrol, which currently costs R25.12 in Gauteng, will now cost R25.49 cents a litre as of Wednesday.
Other consumers will breathe a slight sigh of relief as the prices of both grades of diesel, paraffin and LP Gas are expected to decrease.
The price adjustments were announced by the Department of Mineral Resources and Energy (DMRE).
The adjusted prices are as follows:
- Petrol (93 ULP and LRP): 37 cents increase.
- Petrol (95 ULP and LRP): 37 cents increase.
- Diesel (0.05% sulphur): 30 cents decrease.
- Diesel (0.005% sulphur): 36 cents decrease.
- Illuminating Paraffin (wholesale): 19 cents decrease.
- Single Maximum National Retail Price for illuminating paraffin: 25 cents decrease.
- Maximum LP Gas Retail Price: 46 cents decrease.
The department explained the adjustments in prices in a statement on Monday.
“The average brent crude oil price increased from 84.22 US Dollars (USD) to 88.10 USD per barrel, during the period under review.
“There was a lot of volatility in the market during this period. The main contributing factor is the growing geopolitical tensions in the Middle East and sustained production cuts by OPEC+ [Organization of the Petroleum Exporting Countries] countries.
“The average international product prices of petrol increased following the higher brent crude oil prices and anticipated demand for the driving season during the period under review. The diesel, illuminating paraffin and LP Gas prices decreased on average due to seasonal changes and reduced demand in the Northern Hemispheres as they move away from their winter season.
“The movement in product prices has led to a lower contribution to the basic fuel price (BFP) of petrol by 34.41 cents a litre and higher contributions to the BFP of diesel by 39.33 cents a litre and illuminating paraffin by 22.35 cents per litre,” the DMRE said.
A weakening Rand was also a contributing factor.
“The Rand depreciated, on average, against the US Dollar [from 18.04 to 18.90 Rand per USD] during the period under review when compared to the previous one. This led to higher contributions to the basic fuel prices of all products by about 2.50 cents per litre on all products,” the department said. – SAnews.gov.za
Blade
Fun South African Fact: SA has three capital cities: Pretoria is the Executive Capital, Cape Town the Legislative Capital and Bloemfontein the judicial Capital.
bowler
Diary of an Englishman after he moves to South Africa….
**August 1**: Just got transferred with work from London, UK to our new home in Phalaborwa, Limpopo, South Africa. Now this is a town that knows how to live! Beautiful, sunny days and warm, balmy evenings. I watched the sunset from a deckchair by our pool yesterday. It was beautiful. I’ve finally found my new home. I love it here.
**September 1:** Really heating up now. It got to 31 today. No problem though. Living in air-conditioned home, driving air-conditioned car. What a pleasure to see the sun every day like this. I’m turning into a sun-worshipper – no blasted rain like back in London! Had the back yard landscaped with tropical plants today. Lots of palms and rocks. No more mowing lawns for me! Another scorcher today, but I love it here. It’s Paradise !
**October 1:** The temperature hasn’t been below 35 all week. How do people get used to this kind of heat? At least today it’s windy though. Keeps the flies off a bit. Acclimatizing is taking longer than we expected. Fell asleep by the pool yesterday. Got third degree burns over 60% of my body. Missed three days off work. What a dumb thing to do. Got to respect the old sun in a climate like this!
**October 25:** This wind is a bastard. It feels like a giant fucking blow dryer. And it’s hot as hell! The home air conditioner is on the blink and the repair man charged R200 just to drive over and tell me he needs to order parts from @#$# Johannesburg. The wife & the kids are complaining.
**October 30:** The temperature’s up around 40 and the parts still haven’t arrived for the fucking air conditioner. House is an oven so we’ve all been sleeping outside by the pool for 3 nights now. Bleeding R4 million house and we can’t even go inside. Why the hell did I ever come here?
**November 4:** Finally got the fucking air-conditioner fixed. It cost R1,500 and gets the temperature down to around 35 degrees. Stupid repairman. Fucking thief. If one more smart bastard says ‘Hot enough for you today?’ I’m going to fucking throttle him. Fucking heat! By the time I get to work, the car radiator is boiling over, my fucking clothes are soaking fucking wet and I smell like baked cat. Fucking place is the end of the Earth.
**November 9:** Tried to run some errands after work, wore shorts, and sat on the black leather upholstery in my car. I thought my fucking backside was on fire. I lost 2 layers of flesh, all the hair on the backs of my legs and off my fucking behind. Now the car smells like burnt hair, fried bum and baked cat. The Weather report might as well be a fucking recording – hot and sunny. Hot and sunny, Hot and fucking sunny. It’s been too hot to do anything for 2 bleeding months and the weatherman says it might really warm up next week. Fuck!!
**November 15:** Doesn’t it ever rain in this darn place? Water restrictions will be next, so my R5,000 worth of palms might just dry up and blow into the fucking pool. The only things that thrive in this hell-hole are the fucking flies. You don’t dare open your mouth for fear of swallowing half a dozen of the little buzzards!
**November 20:** Welcome to HELL! It got to 45 degrees today. Now the air conditioner is gone in my car. The repair man came to fix it and said, ‘Hot enough for you today?’ I wanted to shove the car up his backside. Anyway, had to spend the R2,500 of the mortgage payment to bail me out of jail for assaulting the stupid fool. Fucking PHALABORWA! What kind of sick, demented idiot would want to live here!
**December 1:** WHAT!!!! The FIRST day of Summer!!!!
You are fucking kidding me, right?