April will bring petrol price hikes but some diesel reductions

It will be a mixed bag for motorists when the latest fuel price adjustments are implemented on April 3

28 March 2024 - 15:22 By TIMESLIVE
subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now
The wholesale price of diesel (0.05%) sulphur will rise 3c/l inland but decrease 4c/l at the coast. Stock photo
The wholesale price of diesel (0.05%) sulphur will rise 3c/l inland but decrease 4c/l at the coast. Stock photo
Image: 123RF

April will be a mixed bag for motorists in fuel prices, with petrol going up while the cost of diesel will either increase or decrease slightly depending on whether you live inland or at the coast.

The mineral resources and energy department (DMRE) on Thursday announced the retail price of 93 unleaded petrol will rise by 65c/l inland and 58c/l at the coast on April 3. At the same time, 95 unleaded will increase by 67c/l inland and 60c/l at the coast.

The wholesale price of diesel 0.05% sulphur will rise 3c/l inland but decrease 4c/l at the coast. Diesel 0.005% sulphur will see small decreases of 2c/l inland and 9c/l at the coast.

Illuminating paraffin will increase by 29c/l in Gauteng and 36c/l at the coast.

The price changes differ in magisterial district zones due to the different transport increases implemented into the fuel price structures, said the DMRE. The annual adjustments to road transport tariffs applicable in petrol and diesel structures range from 0.3c/l to 14.2c/l

The basic fuel price differentials between 95 and 93 petrol grades change every quarter and therefore the different price adjustments between the two grades.

The DMRE attributed the price adjustments to the average international product prices for petrol increasing while diesel decreased during the period under review. The rand appreciated against the dollar compared to the previous period. 

From April 4, this is what motorists will pay for a litre of fuel:

INLAND

  • Petrol 93 ULP: R24.78
  • Petrol 95 ULP: R25.12
  • Diesel (0.05%): R22.45
  • Diesel (0.005%): R22.60

COAST

  • Petrol 93 ULP: R23.99
  • Petrol 95 ULP: R24.33
  • Diesel (0.05%): R21.66
  • Diesel (0.005%): R21.82

TimesLIVE


subscribe Just R20 for the first month. Support independent journalism by subscribing to our digital news package.
Subscribe now

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.