The Department of Petroleum and Mineral Resources has confirmed the official gas value changes that took impact at midnight on Tuesday, 3 December.

For the most recent gas value information, bookmark The South African website’s devoted part for free-to-read content material

The information wasn’t what South Africa’s motorists would have been hoping for heading into the festive season, as each petrol and diesel costs have been elevated.

It was the second consecutive month of value will increase after 5 months of decreases.

This was primarily on account of a mixture of the rand depreciating towards the greenback and the value of oil persevering with to rise due to ongoing unrest within the Middle East.

FUEL PRICE IN SOUTH AFRICA IMPACTED BY TWO MAIN FACTORS:

1. The worldwide value of petroleum merchandise, pushed primarily by oil costs

2. The rand/greenback change fee used within the buy of those merchandise

Oil value

At the time of publishing the brent crude oil value is $73.80 a barrel.

Exchange fee

At the time of publishing the rand/greenback change fee is R18.12/$.

The new December 2024 petrol and diesel costs (Inland and Coastal):