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Petrol Price

In this section we take a look at the current fuel prices as well as the next estimated petrol price forecast. We also provide a detailed breakdown of exactly what goes into the fuel price.

  • Price Change Buildup

    The Pricing Structure for Petrol, Diesel and IP

    Pricing buildup graph

    COMPOSITION OF THE RETAIL PRICE OF PETROL AND THE WHOLESALE PRICES FOR DIESEL AND IP IN GAUTENG FOR THE PERIOD 01/02/2012 TO 06/03/2012 WILL BE AS FOLLOWS:

    GAUTENG FUEL PRICESPetrol 95 ULPPetrol 93 ULP & LRPDiesel * 0.05% SDiesel * 0.005% SIlluminating Paraffin
     c/lc/lc/lc/lc/l
    Contribution to the Basic Fuel Price (BFP)632.149624.151680.630685.030666.128
    Wholesale margin52.50052.50052.50052.50052.500
    Service cost recoveries21.00021.00021.00021.00028.400

      Storage, handling & delivery costs

    		21.00021.00021.00021.00021.000
      Distribution cost--------7.400
    Dealers Margin (*)91.80091.800------
    Zone differential in Gauteng22.90022.90022.90022.90038.400
    IP Tracer levy----0.0100.010--
    Fuel levy

    177.500

    177.500

    		162.500162.500--
    Slate levy0.0000.0000.0000.0000.000
    Customs & Excise Duty4.0004.0004.0004.000--
    EQF levy0.0000.0000.0000.0000.000
    RAF levy80.00080.00080.00080.000--
    DSML (Inland Demand Levy)10.000--------
    Petroleum Pipelines levy0.1500.1500.1500.150--
    Subsidy from Equalisation Fund0.0000.0000.0000.0000.000
    Incremental Inland Transport Rec levy3.0003.0003.0003.000--
    Sub-Total462.850452.850346.060346.060119.300
    RETAIL PRICE1,095.001,077.00------
    WHOLESALE PRICE1,003.20985.201,026.6901,031.090785.428

    (*) The wholesale price of diesel is regulated, but not the retail price

  • Official Price Change

    South Africa Controlled Product Price Change

    The Department of Minerals and Energy has announced the following price change for PETROL, DIESEL and IP/ KERO :

    EFFECTIVE DATE : Wednesday 01 February 2012

    GAUTENGLIST PRICE CHANGEPUMP PRICE CHANGE
    (Zone 9C)ChangeCurrent PriceNew PriceChangeCurrent PriceNew Price
    V-Power 95 (Inl)34.00 c/l increase

    969.20

    1003.20

    		05.00 c/l decrease1061.001095.00
    M93 ULP & M93 LRP34.00 c/l increase951.20985.2006.00 c/l decrease1043.001077.00
    Diesel 0.05%01.00 c/l decrease1027.691026.69Not controlledNot controlled 
    Diesel 0.005%02.00 c/l decrease1033.091031.09Not controlledNot controlled 
    IP / Kero03.00 c/l decrease788.428785.428Not controlledNot controlled 

    .  

    COASTALLIST PRICE CHANGEPUMP PRICE CHANGE
    (includes large coastal ports - i.e. CT, MB, PE, EL, DBN)
    (Zone 1A)ChangeCurrent PriceNew PriceChangeCurrent PriceNew Price
    V-Power (c)
    & M95 LRP

    34.00 c/l increase

    939.20

    973.20

    		05.00 c/l decrease1031.001065.00
    Diesel 0.05%

    01.00 c/l decrease

    		1007.291006.29Not controlledNot controlled 
    Diesel 0.005%

    02.00 c/l decrease

    		1012.691010.69Not controlledNot controlled 
    IP / Kero03.00 c/l decrease752.528749.528Not controlledNot controlled 

    .  

    • Price change valid throughout RSA for RETAIL and COMMERCIAL customers
    • Petrol List and Pump prices above refer to Retail customers
    • Price change due to movements in crude and international product prices coupled with the prevailing (favourable) RAND – US dollar exchange rates

    The maximum retail price at which "loose" Illuminating Paraffin, i.e. excluding cost of package/packaging, may be sold at any location in South Africa effective 04 January 2012 is:

    R 10.27 (decrease of 33c/l) per litre or R7.70 per 750 Ml, in "own container" supplied.
    (The WSLP of Paraffin to Shell customers will not be affected by this Retail legislated price)

    Extraordinary items incorporated in the above changes are:

    2. In terms of Government Notice no. R1029 (dd 31July 2002) DME has regulated the maximum refinery gate price of LPG at R 8 237.13 per metric ton (457.16 c/l) for the period  01 February 2012 to 06 March 2012.

  • Price Change Forecast

    South Africa Controlled Product Price Forecast

    NEXT PRICE CHANGEWednesday, 01 February 2012
    Petrols26.00 - 35.00 c/l increase
    Low Sulphur Diesels 0.05%07.00 - 10.00 c/l increase
    Ultra Low Sulphur Diesels 0.005%08.00 - 11.00 c/l increase 
    Illuminating Paraffin04.00 - 09.00 c/l increase 
    Brent Crude Current$ 113.54 per barrel 
    Brent February 2102 Forecast$ 111- 114 per barrel 
    Rand - USD exchange rate8.0792 

    This Price Forecast is based on information as at "10 January 2012" and is based on current price regulation guidelines as stipulated by the Department of Minerals and Energy. This is mainly based on international crude and finished product price movements coupled with prevailing Rand – US Dollar exchange rates.

    Unless specifically stated this forecast excludes extraordinary changes requiring Ministerial approval (eg. margins, taxes etc.)