Diesel fuel prices South Africa , Diesel fuel prices South Africa – Petrol price September 2024, Diesel fuel prices South Africa, diesel price per litre South Africa 2024.
Diesel fuel prices South Africa – Petrol and diesel prices cut to lowest levels since 2023 – News24
Both unleaded petrol 93 and 95 will be cut by 92c a litre. Wholesale diesel prices will be lowered by R1.05 (0.005% sulphur) and 79c (0.05% sulphur). The wholesale price of illuminating paraffin will be cut by R1.03/litre.
The latest cuts bring petrol (95) to R22.19 a litre in Gauteng, and R21.40 on the coast. These are the cheapest levels since February 2023.
The Gauteng wholesale diesel price will be R19.59 a litre from Wednesday, and R18.80 on the coast, the lowest since June 2023.
Fuel prices will be adjusted on Wednesday.
South African fuel prices are largely determined by international oil and fuel costs and the rand exchange rate, as oil is priced in dollars.
The average Brent oil price slumped from $83.55 a barrel to $78.54 over the past month.
Diesel -Petrol price September 2024
The table below outlines the changes:
| Fuel | Change |
| Petrol 93 | decrease of 92 cents per litre |
| Petrol 95 | decrease of 92 cents per litre |
| Diesel 0.05% (wholesale) | decrease of 79 cents per litre |
| Diesel 0.005% (wholesale) | decrease of 105 cents per litre |
| Illuminating Paraffin | decrease of 103 cents per litre |
| LPGAS | decrease of 10 cents per kg |
The average Brent Crude oil price decreased from 83.55 US D
The average Brent Crude oil price decreased from 83.55 US Dollars (USD) to 78.54 USD per barrel, during the period under review. The main contributing factors are the increased production from major oil-producing countries despite lower demand concerns, and the anticipated interest rate cuts by the US Federal Reserve.
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The average international petroleum product prices decreased on average during the period under review in line with lower crude oil prices. This led to lower contributions to the Basic Fuel Prices of petrol by 85.59 c/l and 78.40 c/l, diesel by 93.55 c/l and 67.63 c/l and illuminating paraffin by 91.86 c/l, respectively
The Rand appreciated on average, against the US Dollar (from 18.23 to 18.05 Rand per USD) during the period under review when compared to the previous one. This led to lower contributions to the Basic Fuel Prices of all products by over 10.00 cents per litre.
This is how the price changes will reflect at the pumps (Diesel prices reflect wholesale, pump prices will differ):
| Inland | August Official | September Official |
| 93 Petrol | R22.71 | R21.79 |
| 95 Petrol | R23.11 | R22.19 |
| Diesel 0.05% (wholesale) | R20.38 | R19.59 |
| Diesel 0.005% (wholesale) | R20.74 | R19.69 |
| Illuminating Paraffin | R14.80 | R13.77 |
| LPGAS (per kg) | R35.95 | R35.85 |
| Coastal | August Official | September Official |
| 93 Petrol | R21.92 | R21.00 |
| 95 Petrol | R22.32 | R21.40 |
| Diesel 0.05% (wholesale) | R19.59 | R18.80 |
| Diesel 0.005% (wholesale) | R19.98 | R18.93 |
| Illuminating Paraffin | R13.80 | R12.77 |
| LPGAS (per kg) | R32.99 | R32.89 |