At least we haven’t yet relived the hellish month in 2018 when the petrol price surged beyond the R17/litre mark. Get the latest in African news delivered straight to your inbox. JOHANNESBURG - The Automobile Association is predicting a major fuel price increase at midnight. The fuel prices schedule for the different zones will be published on Tuesday, 1 October 2019. The association says petrol is likely to increase by R1,73 a litre. Diesel and Illuminating paraffin will increase by 25 cents per litre. The rand appreciated on average against the US Dollar from R15.17 to R14.90 per dollar during the period under review when compared to the previous one. By submitting above, you agree to our privacy policy. Both grades of petrol are set to increase by one cent a litre at midnight. This is the eighth consecutive hike since the beginning of the year. An increase of 49 cents a litre for petrol, 60 cents for diesel, and 52 cents for illuminating paraffin. Direct access to our calendar releases and historical data. What is the real cost of gender-based violence on the SA economy? In a statement, the department explained the main reason for the fuel price increases was higher oil prices during the period under review when compared to the previous one. EFF MPs who disrupted Gordhan's 2019 budget vote speech ghost hearings, again. 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From Wednesday onwards, a litre of 95 ULP in Gauteng, which currently costs R15.17, will increase to R15.18 a litre. The Department of Mineral Resources and Energy (DMRE) has announced a one cent increase in both grades of 93 (ULP and LRP) 95 (ULP and LRP) in Gauteng. The average value for South Africa during that period was 14.62 South African Rand with a minimum of 14.24 South African Rand on 02-Nov-2020 and a maximum of 14.83 South African Rand on 31-Aug-2020. The department also cited the attacks on Saudi Arabia. For comparison, the average price of gasoline in the world for this period is 19.24 South African Rand. "The average Brent Crude oil price increased from $58.86 US per barrel to $62.96 per barrel during the period under review.". 1 September 2020. Gasoline Prices in South Africa increased to 0.91 USD/Liter in October from 0.90 USD/Liter in September of 2020. Based on these figures, a litre of 93 octane unleaded petrol (inland) – which currently costs R14.23 a litre – will now cost R14.72. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. SAnews.gov.za (Tshwane) Both grades of petrol are set to increase by one cent a litre at midnight. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. There was a problem processing your submission. Return to Tighter Lockdown on the Cards for South Africa? Please try again later. Meanwhile, both grades of diesel (0.05% Sulphur and 0.005% Sulphur) will decrease by 21 cents a litre. 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"The closure of these operations had an impact on nearly five million barrels of crude processing per day, affecting 5% of the world’s daily oil production.". The Trading Economics Application Programming Interface (API) provides direct access to our data. To address comments or complaints, please Contact us. The increase was predicted by the Automobile Association on the back of oil strikes in Saudi Arabia. "The oil prices rose sharply after drones attacked two major oil facilities in Saudi Arabia namely, Abqaiq facility, which is the largest crude oil stabilisation plant in the world, and the Khurais oil field, which is the second-largest oil field in Saudi Arabia, operated by Saudi Aramco on 14 September 2019. Use the drop menu to see the prices in gallons. To complete the process, please follow the instructions in the email we just sent you. AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 900 news and information items daily from over 130 African news organizations and our own reporters to an African and global public. AllAfrica publishes around 900 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. The price of illuminating paraffin (SMNRP) will decrease by 35 cents, while the Maximum Retail Price for LPGAS will increase by 36 cents per kilogram. International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including importation costs, like shipping costs. Petrol increased by R1,72 per litre in July. This is around 49% of the price of every litre of fuel sold in South Africa. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. Read the original article on SAnews.gov.za. And hey, South Africa. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. JOHANNESBURG - The Energy Department has announced that the price of 95 octane petrol will increase by 18 cents per litre from Wednesday, 2 October. The DMRE said the average international product prices for petrol, diesel and illuminating paraffin decreased during the period under review. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. This is 23 cents higher than the previous record high of R14.49 in December last year. The department said the price of 93 octane, however, will drop by 4 cents per litre. The price of illuminating paraffin (wholesale) will decrease by 26 cents. 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