The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, has announced the adjustment of fuel prices that will come into effect from the 3rd of November 2021. The adjustments are based on a number of current local and international factors.
Take note of the following changes;
Petrol (both 93 ULP and LRP): four cents per litre (4.00 c/l) decrease
Petrol (both 95 ULP and LRP): one cents per litre (1.00 c/l) decrease
Diesel (0.05% sulphur): twenty two point eight cents per litre (22.80 c/l) increase
Diesel (0.005% sulphur): twenty two point eight cents per litre (22.80 c/l) increase
Illuminating Paraffin (wholesale): thirty two cents per litre (32.00 c/l) increase
SMNRP for IP: forty three cents per litre (43.00 c/l) increase
Maximum LPGas Retail Price: seven cents per kilogram (7.00 c/kg) decrease
The main reasons for the adjustments, according to the Minister, are the crude oil prices, international petroleum product prices, the Rand/US Dollar exchange rate, implementation of the slate levy and the annual wages adjustment for the forecourt staff.
