Consumers have been granted some financial relief for the month of March after the Department of Mineral Resources and Energy (DMRE) announced fuel price decreases across the board.
The department said that the adjustments were due to lower average oil prices when compared to the previous period, as well as a stronger rand against the dollar, which led to the reduction.
The decreases in fuel prices for March will be:
- Petrol 93 & 95 decreases by 7c
- Diesel decreases by 17c & 23c
- Paraffin decreases by 8c
- LP Gas decreases by 2c p/kg.
This means that the price of petrol will move from R22.16 to R22.09 inland for the 93 grade of petrol, while 95 will drop from R22.41 per litre to R22.34 a litre inland.
Diesel 0.05% (wholesale) prices will shift inland from R20.34 a litre to R20.16 a litre, while Diesel 0.005% (wholesale) will decrease from R20.45 to R20.21 per litre, inland.
Illuminating Paraffin inland will come down from R14.23 to R14.17.
LPGAS (per kg) will see a drop from R38.71 to R38.69 inland.
At the coast, 93 Petrol per litre will decrease from R21.37 to R21.30 and 95 Petrol will drop from R21.62 to R21.55 per litre.
Diesel 0.05% (wholesale) at the coast will come down from R19.55 per litre to R19.37 and Diesel 0.005% (wholesale) at the coast will decrease from R19.69 to R19.45.
Illuminating Paraffin at the coast will drop from R13.23 to R13.17 and LPGAS (per kg) will decrease from R35.75 to R35.73.
BUSINESS REPORT