Based on these figures, a litre of 93 octane unleaded petrol (inland) – which currently costs R14.23 a litre – will now cost R14.72. The increase was predicted by the Automobile Association on the back of oil strikes in Saudi Arabia. The price of illuminating paraffin (wholesale) will decrease by 26 cents. There was a problem processing your submission. READ: AA predicts major fuel price increase at midnight The expected price changes would follow sizeable hikes over the past two months. EFF MPs who disrupted Gordhan's 2019 budget vote speech ghost hearings, again. The association says petrol is likely to increase by R1,73 a litre. Use the drop menu to see the prices in gallons. JOHANNESBURG - The Energy Department has announced that the price of 95 octane petrol will increase by 18 cents per litre from Wednesday, 2 October. The country's fuel prices are adjusted on a monthly basis, informed by international and local factors. Download historical data for 20 million indicators using your browser. The department said the price of 93 octane, however, will drop by 4 cents per litre. SAnews.gov.za (Tshwane) Both grades of petrol are set to increase by one cent a litre at midnight. 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AllAfrica publishes around 900 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. The Trading Economics Application Programming Interface (API) provides direct access to our data. South Africa: Petrol Price to Increase By 1 Cent. This is around 49% of the price of every litre of fuel sold in South Africa. To complete the process, please follow the instructions in the email we just sent you. JOHANNESBURG - The Energy Department has announced that the price of 95 octane petrol will increase by 18 cents per litre from Wednesday, 2 October. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. 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Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. The price of illuminating paraffin (SMNRP) will decrease by 35 cents, while the Maximum Retail Price for LPGAS will increase by 36 cents per kilogram. Meanwhile, both grades of diesel (0.05% Sulphur and 0.005% Sulphur) will decrease by 21 cents a litre. Gasoline Prices in South Africa averaged 1.05 USD/Liter from 1992 until 2020, reaching an all time high of 1.44 USD/Liter in March of 2013 and a record low of 0.43 USD/Liter in December of 1998. "The closure of these operations had an impact on nearly five million barrels of crude processing per day, affecting 5% of the world’s daily oil production.". JOHANNESBURG - The Automobile Association is predicting a major fuel price increase at midnight. 1 September 2020. Read the original article on SAnews.gov.za. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. "The oil prices rose sharply after drones attacked two major oil facilities in Saudi Arabia namely, Abqaiq facility, which is the largest crude oil stabilisation plant in the world, and the Khurais oil field, which is the second-largest oil field in Saudi Arabia, operated by Saudi Aramco on 14 September 2019. Together, both the RAF and GLF add up to R5.84. The DMRE said the average international product prices for petrol, diesel and illuminating paraffin decreased during the period under review. Petrol increased by R1,72 per litre in July. Gasoline Prices in South Africa increased to 0.91 USD/Liter in October from 0.90 USD/Liter in September of 2020. Get the latest in African news delivered straight to your inbox. The department also cited the attacks on Saudi Arabia. In a statement, the department explained the main reason for the fuel price increases was higher oil prices during the period under review when compared to the previous one. Publish your articles and forecasts in our website.