Wheels24

SA petrol price slashed

2013-04-26 13:36

Good news Friday! The price of a litre of petrol in South Africa has been slashed on the back of the falling oil price.

It will fall on May 1 by 73c/litre, diesel by 55c/litre, according to the Department of Energy. Sources said this was more than economists had expected and falling world crude oil prices were responsible, along with the rand strengthening against the dollar. Initial expectations had been for 65c/litre.

Before you get too excited, that's a drop of about 5% and you'll save about R36.50 on filling an average family car's tank. A little more than the price of 20 smokes or a couple of beers. Cheers!

PARAFFIN, GAS TOO

It's the first petrol price drop after three consecutive increases totalling R1.34/litre of 95 unleaded in Gauteng. In January 2013 the price decreased by 15c to R11.86 but then rose to R13.20.

Vehicle owners in Gauteng will now pay R12.47, those at the coast R12.24. A litre of diesel will now cost R11.41.

The national retail price for paraffin will decease by 77c/lire, the maximum retail price of liquid petroleum gas by 81c/kg.




Comments
  • Ben - 2013-04-26 15:23

    To lube us up for the coming hike...

  • Kwashirai Chigodora - 2013-04-26 15:28

    so since people are often rushing to fill up their tanks when its being increased, are we going to see people leaving their cars at home and staying away from the pump waiting for May the 1st?

      Ronald Ragadza - 2013-04-26 17:46

      No we will put R100 fuel until the price goes down. No more full tank until May the 1st.

  • Ryan Styles - 2013-04-27 10:03

    The raping continues. I got some questions... Mozambique produces oil. With some minor retooling, our refineries CAN process that oil. Wouldn't it that be cheaper then shipping oil from west africa or Saudi? Same with natural gas. Wouldn't that be cheaper and cleaner than coal for Eskom? Hang on.... The public is not supposed to ask questions like this....

  • Raghupati Das - 2013-04-27 10:10

    Yawn

      Ryan Styles - 2013-04-27 13:17

      Burp

  • Riaan Barnard - 2013-04-29 08:07

    They probably do that and spend the profits on bigger cars!!!

  • ayo.mkize - 2013-04-29 10:35

    Almost filled up 400 bucks yesterday damn should waiting for 1 May

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