There will be a reprieve for petrol users in the month of October while the diesel price will be hiked between 10 – 15c per litre. Here is exactly how much inland and coastal regions of South Africa will be paying for fuel from midnight.
With the Rand to dollar exchange rate determining the price of our fuel, the general expectation with a weakening currency was that there wouldn’t be a significant change in fuel price despite the decreasing price of Brent crude oil in September.
The month of October is providing a mixed outcome with an 89c decrease for 93 unleaded and an R1,02 decrease for 95 unleaded serving as the good news while diesel will experience a 10 – 15c increase. This is courtesy of global diesel supply shortages which will undoubtedly hamper local businesses as well as motorists, who require diesel generators to keep the lights on when loadshedding kicks in.
Related: Dreading driving during loadshedding? Here are some tips
Loadshedding is partly due to the weakened Rand, which started September at just over R17 to the dollar and ended at above R18, also courtesy of market-related issues. Fortunately, the oil price has plateaued to its lowest level since January, before European geopolitical turbulence caused a sharp spike in a short time.
Related: Relief at the pumps! More fuel price cuts on the way
As of midnight on Tuesday, inland motorists will be paying the following prices:
| Fuel | October pricing per litre |
| 95 unleaded | R22,36 |
| 93 unleaded | R22,06 |
| 500 ppm diesel | R24,06 |
| 50 ppm diesel | R24,31 |
Coastal motorists will be paying the following prices:
| Fuel | October pricing per litre |
| 95 unleaded | R21,71 |
| 93 unleaded | R21,41 |
| 500 ppm diesel | R23,41 |
| 50 ppm diesel | R23,67 |
