Petrol price drops for second month running

The Department of Energy has announced that motorists will pay less for petrol at the pumps from Wednesday, thanks to the rand’s performance against the dollar over the past month.

Petrol will drop by 36 cents a litre, while diesel has been snipped by between 44 cents and 47 cents per litre.

The department also said that illuminating paraffin will decrease between 23 cents and 30 cents while liquefied petroleum gas will drop by 69 cents.

The rand appreciated, on average, against the US dollar (from R12.20 to R11.82 per US dollar) during the period under review, the department said.

“This led to a lower contribution to the basic fuel price on petrol, diesel and illuminating paraffin by 19.33c/l, 19.68c/l and 20.53 c/l respectively,” it said.

Petrol prices in South Africa as of March 2018

Fuel Price per litre
93 Petrol R13.54
95 Petrol R13.76
Diesel R12.10

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