Petrol Price Decrease Welcomed Relief For Motorists

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Motorists will be breathing a sigh of relief at the pumps where the price of petrol will decrease between 68c and 71c for both grades of petrol per litre. 


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Motorists will be breathing a sigh of relief at the pumps where the price of petrol will decrease between 68c and 71c for both grades of petrol per litre. 

The decrease in the price of petrol will be a welcome relief for South African motorists. This as the last two months of 2021 saw the price of petrol increase by R2 per litre.

Petrol will now cost R19.35c per litre for 95 petrol, while 93 will set consumers back R19.42c per litre. Diesel will cost just around R18 per litre. 

Here’s a full list of price increases that will take effect from 5 January 2022

  • Petrol (93 and 95 ULP & LRP) will decrease by 71 cents per litre and 68 cents per litre
  • Diesel (0.05% sulphur) will decrease by 67.8 cents per litre (67.80 c/l)
  • Diesel (0.005% sulphur) will decrease by 69.8 cents per litre (69.80 c/l)
  • Illuminating paraffin will decrease by 71 cents per litre (71.00 c/l)

The Department of Mineral Resources and Energy have explained the reasons for the price adjustment of fuel for January 2022. The main reasons for the decrease in price was the declining price of Brent crude oil as well as the decrease in petroleum prices.

The implementation of the slate levy contributed a further 2.20 c/l to the price of fuel which worked slightly against consumers 

The Automobile Association of South Africa’s Layton Beard says the announcement by the department is good news. He adds that the flattening oil price is the main contributor to the decrease in the price of petrol. 

Beard however warns that we must not lose sight of the fact that fuel is still very expensive. He explains that despite the welcomed decrease in fuel prices, the AA remains steadfast in their call for a review on how the fuel price is calculated. 

He added that the AA are happy that Finance Minister Enoch Godongwana also wants a review of the fuel price. Beard is hopeful that more information on this will be discussed when Godongwana delivers his Budget Speech in February 2022. 

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