It’s too early to accurately predict what lies ahead for diesel and petrol prices in March, but the latest data spells bad news for motorists. Photo: Pixabay
It’s too early to accurately predict what lies ahead for diesel and petrol prices in March, but the latest data spells bad news for motorists. Photo: Pixabay
It’s not a massive amount, but this is a start. The petrol price has fallen for just the third time in 2019, as motorists will officially be paying less for their fuel as of midnight. The Central Energy Fund has confirmed these changes.
Confirmed petrol price for November 2019
You can call this one a hat-trick for all the right reasons: Petrol, diesel and illuminating paraffin are all experiencing cost reductions over the next month, providing slight relief for the South African consumer.
- Petrol (both grades): Decrease of 13 cents per litre.
- Diesel: Decrease of 16 cents per litre.
- Paraffin: Decrease of 23 cents per litre.
Subtracting these totals from October’s fuel price gives us the following average cost-per-litre for petrol and diesel. These prices will take effect from 00:00 on Wednesday 6 November:
| Fuel | Inland price (from 6 November) | Coastal price (from 6 November) | Change in price |
| Petrol | R16.08 | R15.43 | Down 13 cents |
| Diesel | R14.70 | R14.13 | Down 16 cents |
Why has the petrol price for November decreased?
The rand’s eleventh-hour recovery in the past week has helped nudge a rare decrease over the line. Despite a tumultuous October, the currency managed to stabilise over the past few days, off the back of a weakening US dollar and the leniency showed by Moody’s: The credit ratings agency decided against putting SA in “junk status”.
Things could look even rosier for the December price, too: The AA notes that oil ticked up slightly from its late-October plateau and says that “this could be the start of a strengthening trend into November”.
Diesel and petrol price for November – filling-up in coastal regions:
Motor Vehicles and Bakkies
Average capacity: 45 litres
Cost for a full tank of petrol: R694.35
Cost for a full tank of diesel: R635.85
Mini Buses / Taxis
Average capacity: 75 litres
Cost for a full tank of petrol: R1 157.25
Cost for a full tank of diesel: R1 059.75
Buses and Trucks
Average capacity: 250 litres
Cost for a full tank of diesel: R3 532.50
Motorcycles
Average capacity: 20 litres
Cost for a full tank of petrol: R308.60
Cost for a full tank of diesel: R282.60
Diesel and petrol price for November – Filling-up inland
Motor Vehicles and Bakkies
Average capacity: 45 litres
Cost for a full tank of petrol: R723.60
Cost for a full tank of diesel: R661.50
Mini Buses / Taxis
Average capacity: 75 litres
Cost for a full tank of petrol: R1 206
Cost for a full tank of diesel: R1 102.50
Buses and Trucks
Average capacity: 250 litres
Cost for a full tank of diesel: R3 675
Motorcycles
Average capacity: 20 litres
Cost for a full tank of petrol: R321.60
Cost for a full tank of diesel: R294
