Early petrol worth projection for February 2025 is AWFUL
The newest information means that South Africa’s motorists are in for AWFUL worth information in early February 2025.
For the newest gas worth information, bookmark The South African website’s devoted part for free-to-read content material
As reported by The South African website, car house owners in Mzansi noticed a rise in the price of each petrol and diesel this month.
This was primarily attributable to a mixture of the rand depreciating towards the greenback and the worth of oil persevering with to rise because of ongoing unrest within the Middle East.
In latest days the rand has weakened additional towards the greenback, suggesting that South Africa’s motorists can be greeted by extra dangerous information subsequent month.
Below, the newest projections as obtained by The South African website from the Central Energy Fund (CEF), efficient Monday, 6 January.
FUEL | PRICE CHANGE |
Petrol 93 | improve of 69 cents |
Petrol 95 | improve of 65 cents |
Diesel 0.05% | improve of 70 cents |
Diesel 0.005% | improve of 74 cents |
Illuminating Paraffin | improve of 52 cents |
If the market situations had been to stay constant for the rest of the month – an unlikely situation with the rand/greenback trade fee fluctuating and the oil worth ever altering – a rise of 69 cents is anticipated for petrol 93 octane motorists and a rise of 65 cents for 95 customers.
Meanwhile, diesel motorists would see one thing between a 70 and 74 cents per litre improve.
Finally, illuminating paraffin is anticipated to extend by 52 cents.
FUEL PRICE IN SOUTH AFRICA IMPACTED BY TWO MAIN FACTORS:
1. The worldwide worth of petroleum merchandise, pushed primarily by oil costs
2. The rand/greenback trade fee used within the buy of those merchandise
Oil worth
At the time of publishing the brent crude oil worth is $76.27 a barrel.
Exchange fee
At the time of publishing the rand/greenback trade fee is R18.53/$.
The last total worth adjustments for each petrol and diesel can be confirmed early subsequent month with the brand new costs taking impact at midnight on Tuesday, 4 February 2025.
Go straightforward on the accelerator till then, Mzansi.
The present January 2025 petrol and diesel costs (Inland and Coastal):
INLAND | January |
Petrol 93 | R21.34 |
Petrol 95 | R21.59 |
Diesel 0.05% | R19.29 |
Diesel 0.005% | R19.44 |
Illuminating Paraffin | R13.26 |
COASTAL | January |
Petrol 93 | R20.55 |
Petrol 95 | R20.80 |
Diesel 0.05% | R18.50 |
Diesel 0.005% | R18.68 |
Illuminating Paraffin | R12.26 |