Fuel costs rise this week: Latest prices for petrol and diesel

Cape Town – South African motorists will face fuel price increases starting Wednesday, 6 November, the Department of Mineral Resources and Energy (DMRE) has announced.

Petrol prices will rise by 25 cents per litre while diesel prices will increase by 21 cents for 0.05% sulphur and 20 cents for 0.005% sulphur.

Illuminating paraffin will cost 28 cents more, and LP gas will increase by 36 cents per kilogram.

Take a look at how the fuel prices will be adjusted for November 2024:
❖ Petrol 93 (ULP & LRP): Twenty-five cents per litre (25.00 c/l) increase.
❖ Petrol 95 (ULP & LRP): Twenty-five cents per litre (25.00 c/l) increase.
❖ Diesel (0.05% sulphur): Twenty-one cents per litre (21.00 c/l) increase.
❖ Diesel (0.005% sulphur): Twenty cents per litre (20.00 c/l) increase.
❖ Illuminating Paraffin (wholesale): Twenty-one cents per litre (21.00 c/l) increase.
❖ SMNRP for IP: Twenty-eight cents per litre (28.00 c/l) increase.
❖ Maximum LPGas Retail Price: Thirty-six cents per kilogram (36.00 c/kg) increase

The price hikes are attributed to higher average oil prices compared to the previous period, bringing 95 Unleaded petrol to R21.30 per litre and 93 Unleaded to R20.98.

“South Africa’s fuel prices are adjusted monthly, informed by international and local factors. International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including importation costs, e.g., shipping costs,” the department said in a statement.