December 2024 Fuel Price Update: Petrol Drops, Diesel Rises in South Africa
Fuel Price Update for December 2024 in South Africa
South African motorists will experience mixed news regarding fuel prices in early December 2024.
Key Changes:
- Petrol Prices:
- Petrol 93: Decrease of 15 cents
- Petrol 95: Decrease of 4 cents
- Diesel Prices:
- Diesel 0.05%: Increase of 40 cents
- Diesel 0.005%: Increase of 39 cents
- Illuminating Paraffin: Increase of 39 cents
Current Fuel Prices (November 2024):
Inland Prices:
- Petrol 93: R20.98
- Petrol 95: R21.30
- Diesel 0.05%: R18.66
- Diesel 0.005%: R18.77
- Illuminating Paraffin: R12.87
Coastal Prices:
- Petrol 93: R20.19
- Petrol 95: R20.51
- Diesel 0.05%: R17.87
- Diesel 0.005%: R18.01
- Illuminating Paraffin: R11.87
Factors Affecting Prices:
- The international price of oil
- The rand/dollar exchange rate
As of the latest data, the current brent crude oil price is $72.87 per barrel, and the rand/dollar exchange rate is R18.13/$.
Looking Ahead:
The final changes to fuel prices will be confirmed soon, with new prices taking effect at midnight on Tuesday, December 3, 2024.
Stay informed and drive safely, South Africa!