Home Community Petrol price to decrease

Petrol price to decrease

802
109

Consumers will breathe a sigh of relief at the pumps as the price of petrol is set to decrease by between 23 and 32 cents a litre.

The Department of Mineral Resources and Energy (DMRE) said the price of a litre of 93 (ULP and LRP) will come down by 23 cents while a litre of 95 (ULP and LRP) will cost 32 cents less in Gauteng.

From Wednesday onwards, a litre of 95 ULP in Gauteng, which currently costs R15.18 a litre will now cost R14.86 a litre.

In September, the price of petrol increased by 1 cent.

Meanwhile, both grades of diesel (0.05% Sulphur and 0.005% Sulphur) will decrease by 90 and 93 cents a litre, respectively.

The price of illuminating paraffin (wholesale) will decrease by 76 cents.

The price of illuminating paraffin (SMNRP) will decrease by 101 cents, while the Maximum Retail Price for LPGAS will increase by 20 cents per kilogram.

The DMRE said the average international product prices for petrol, diesel and illuminating paraffin decreased during the period under review.

In a statement last week, the Automobile Association (AA) predicted that the price of fuel would come down by between 24 and 33 cents.

“The Rand’s daily average dipped as low as R16.10 to the US dollar on September 18, following a long downward trend which began in the first week of August. However, a steep jump to around R16.90 followed by a brief plateau and a further spike to nearly R17.20 caught watchers unawares, and there is rightly some concern about the Rand’s short- to medium-term trajectory,” said the AA on Tuesday.

The AA noted that the Rand’s weakening profile was mirrored in strengthening international petroleum product prices.

“Almost in lockstep with the Rand, diesel and petrol prices spiked, and then pulled back before starting a further climb. If this trend of a weakening Rand and rising international fuel prices continues, it could be extremely negative for South African fuel users, and we will watch further changes with interest.”

It noted that the trends since early August have been stronger for the Rand and cheaper for oil.

“It is too early to tell whether the spikes in both were a blip or the start of a more sustained reversal, but motorists should continue to be wary given the ongoing instability in both local and global economies,” said the AA.

109 COMMENTS

  1. I would like to thnkx for the efforts you’ve put in writing this web site.

    I am hoping the same high-grade web site
    post from you in the upcoming as well. In fact your creative writing abilities has encouraged me to get my own blog
    now. Really the blogging is spreading its wings quickly.
    Your write up is a good example of it.

    Feel free to surf to my page lubertsi.net

  2. I was wondering if you ever considered changing the layout of your site?
    Its very well written; I love what youve got to say.

    But maybe you could a little more in the way of content so people could connect with it
    better. Youve got an awful lot of text for only having 1
    or two pictures. Maybe you could space it out better?

    Feel free to visit my blog; forum.adm-tolka.ru

  3. Definitely believe that which you said. Your favorite justification seemed to be on the
    web the easiest thing to be aware of. I say to you, I certainly get irked while people
    consider worries that they plainly don’t know about. You
    managed to hit the nail upon the top as well as defined out
    the whole thing without having side-effects , people can take
    a signal. Will likely be back to get more. Thanks

    my web site http://www.lubertsi.net

  4. I’ve been exploring for a little for any high-quality articles or weblog
    posts in this sort of space . Exploring in Yahoo I at last stumbled upon this web site.
    Reading this info So i am happy to show that I have an incredibly just right uncanny
    feeling I came upon exactly what I needed.
    I such a lot for sure will make certain to don’t forget this website
    and provides it a look on a relentless basis.

    My web page mpc-install.com

  5. I’m also commenting to make you understand what a amazing encounter my wife’s princess obtained
    checking your web site. She learned a lot of pieces, with the inclusion of what it’s like to have an excellent coaching nature to get other folks with ease know precisely certain hard to do topics.
    You undoubtedly surpassed her expectations. Many thanks for imparting these informative, trusted, informative and in addition easy tips about your topic
    to Tanya.

    My homepage https://kebe.top

  6. Hello I am so glad I found your blog page, I really found you by accident, while I was looking on Google for something else, Anyways I am
    here now and would just like to say thanks a lot for a marvelous post and a all round thrilling blog (I
    also love the theme/design), I don’t have time to browse it
    all at the minute but I have bookmarked it and also added your RSS feeds, so when I have
    time I will be back to read much more, Please do keep up the excellent job.

    Visit my web blog; https://mpc-install.com/

  7. I?m amazed, I must say. Rarely do I encounter a blog that?s equally educative and entertaining, and let me tell you, you have hit the nail on the head.
    The problem is something that not enough people are speaking
    intelligently about. I am very happy that I found this in my hunt for something
    concerning this.

    Feel free to surf to my homepage … ncfysj.com

  8. Does your blog have a contact page? I’m having trouble locating it but, I’d like
    to send you an e-mail. I’ve got some suggestions for your blog you might be interested in hearing.

    Either way, great site and I look forward to seeing it
    expand over time.

  9. hello there and thank you for your information –
    I have definitely picked up something new from right here.
    I did however expertise several technical issues using this site,
    as I experienced to reload the website many times previous to I could get it to load correctly.
    I had been wondering if your hosting is OK? Not that I’m complaining, but slow loading instances
    times will sometimes affect your placement
    in google and could damage your high quality score if ads and marketing with Adwords.
    Well I’m adding this RSS to my e-mail and can look out for much more
    of your respective exciting content. Ensure that you update
    this again very soon..

    My web site … bbs.shishiedu.com

  10. With havin so much content and articles do you
    ever run into any problems of plagorism or copyright
    violation? My blog has a lot of exclusive content I’ve either created
    myself or outsourced but it appears a lot of it is
    popping it up all over the web without my agreement.

    Do you know any methods to help prevent content
    from being stolen? I’d certainly appreciate it.

    Feel free to surf to my webpage https://mpc-install.com

  11. Undeniably consider that which you stated. Your favourite reason appeared to be at the net the easiest thing to be mindful
    of. I say to you, I definitely get annoyed whilst other people think about worries that they plainly do not
    recognise about. You controlled to hit the nail upon the highest and defined
    out the entire thing with no need side effect , people can take a signal.
    Will probably be again to get more. Thank you!

    Here is my web site … http://www.meteoritegarden.com

  12. I usually do not leave a bunch of remarks, but i did a few searching and wound up here
    Petrol price to decrease | Pioneer Community News.

    And I actually do have a couple of questions for you if it’s
    allright. Is it just me or does it look as
    if like a few of these responses appear as
    if they are coming from brain dead individuals?
    😛 And, if you are posting on additional sites, I would like to keep up with everything fresh you have
    to post. Could you list of the complete urls of all your shared pages like your twitter feed, Facebook page or linkedin profile?

    Here is my blog post: mpc-install.com

  13. I know this if off topic but I’m looking
    into starting my own blog and was curious what all is needed to get set up?

    I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very web smart so I’m not 100% sure. Any tips or advice would be greatly appreciated.
    Kudos

    Feel free to surf to my site motofon.net

  14. I believe what you published made a ton of sense.
    However, what about this? what if you added a little content?
    I ain’t saying your information is not solid., however what if you added a headline that makes people desire more?
    I mean Petrol price to decrease | Pioneer Community News is kinda vanilla.
    You might look at Yahoo’s home page and note how they
    create news headlines to get people to open the links.

    You might add a related video or a related pic or two to grab readers interested about everything’ve got to say.

    In my opinion, it might bring your posts a little bit more interesting.

    Feel free to surf to my website :: http://www.goldenanapa.ru

  15. With havin so much content do you ever run into any issues
    of plagorism or copyright infringement? My blog has a lot of completely
    unique content I’ve either authored myself or outsourced but it appears a
    lot of it is popping it up all over the web without my permission. Do you know any methods to help stop content from being stolen? I’d genuinely appreciate it.

    Here is my web page: pansionat.com.ru