Petrol price HIKE: How much it will cost to fill your BMW X3 in Gauteng

Motorists will have to dig deeper into their pockets from today, Wednesday, 2 February after the latest fuel price hike as of midnight on Tuesday, 1 February.

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The Central Energy Fund (CEF) confirmed that the retail price of petrol (93) would go up by 53 cents a litre, while 95 increased by the same 53 cents per litre margin.

In addition, the wholesale price of diesel (0.05% sulphur) went up 80 cents and 0.005% by 79 cents.

Finally, the wholesale price of illuminating paraffin shot up by R1.01.

In plain English that means it will be a LOT more expensive the next time you visit your nearest petrol station – and perhaps time to get out the bicycle and walking shoes.

Inland and coastal fuel prices differ

The new Inland price of petrol unleaded 95 is R20.14 per litre.

If you live in Gauteng and own a BMW X3 with a fuel tank capacity of 60 litres, as of this morning it will cost you R1 208.40 to fill up with unleaded 95.

Prior to the latest price hike, it would’ve cost R1 176.60.

That’s an extra outlay of R31.80.

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If you were to fill the same car up with diesel 0.005% (R18.07) today, it would set you back R1 084.20.

At the ‘old’ price of R17.28 you would’ve paid R1 036.80, making it R47.40 more expensive after the latest price hike.

Every cent counts as they say …