SIGNIFICANT fuel increases expected this week Photos: Stock/ Canva
The Department of Mineral Resources and Energy announced a MASSIVE petrol hike on Wednesday. It is time to fill up.
SIGNIFICANT fuel increases expected this week Photos: Stock/ Canva
The Department of Mineral Resources and Energy announced the official fuel price adjustments for March 2023.
Petrol and diesel prices will increase in March by 127 cents and 30 cents per litre, respectively.
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The changes come into effect from Wednesday, 1 March 2023.
Coastal | February | March |
95 Petrol | R21.03 | R22.30 |
93 Petrol | R20.73 | R22.00 |
0.05% diesel (wholesale) | R20.67 | R20.97 |
0.005% diesel (wholesale) | R20.77 | R21.08 |
Illuminating Paraffin | R15.05 | R15.18 |
LPGAS (p/kg) | R30.87 | R36.10 |
Inland | February | March |
95 Petrol | R21.68 | R22.95 |
93 Petrol | R21.38 | R22.65 |
0.05% diesel (wholesale) | R21.32 | R21.63 |
0.005% diesel (wholesale) | R21.41 | R21.72 |
Illuminating Paraffin | R15.84 | R15.97 |
LPGAS (p/kg) | R33.46 | R38.68 |
The department said in a statement that petrol prices are increasing at a higher rate than diesel because of lower inventory levels globally and closures of refineries in some countries for seasonal maintenance. The impact of the EU sanctions on diesel imports from Russia was already priced in, it added.
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Masterdrive CEO Eugene Herbert shared some proven techniques to save on petrol.
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Techniques such as defensive driving, not speeding, anticipating traffic conditions, avoiding reckless driving and planning routes are the best way to get results.
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