Johannesburg – Mineral Resources and Energy Minister Gwede Mantashe has announced fuel price adjustments for December that will see petrol going up by 59 cents a litre while diesel is going down by as much as R1.57 a litre.
The price adjustments are effective from midnight.
He said that based on current local and international factors, the fuel prices for December 2022 will be adjusted as follows:
? Petrol (both 93 and 95 ULP & LRP): Fifty-nine cents per litre (59.00 c/l) increase;
? Diesel (0.05% sulphur): One hundred and fifty-seven point one nine cents per litre (157.19 c/l) decrease;
? Diesel (0.005% sulphur): One hundred and fifty-two point one nine cents per litre (152.19c/l) decrease;
? Illuminating Paraffin (wholesale): Fifty-seven point three three cents per litre (57.33 c/l) decrease;
? SMNRP for IP: Seventy-six cents per litre (76.00 c/l) decrease; and
? Maximum LPGas Retail Price: Ninety-five cents per kilogram (95.00 c/kg) increase.
The fuel prices schedule for the different zones will be published on Tuesday, (6 December 2022).
South Africa’s fuel prices are adjusted every month, 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.
