South African motorists will be paying less to fill up their tanks from Wednesday 5 February 2020. Petrol drops by 13 cents per litre and diesel by 5 cents a litre, according to Minister of Mineral Resources and Energy Gwede Mantashe.
Mantashe, in a statement on Monday, said the main reason for the decrease in the fuel prices was lower global crude oil prices during the period under review.
The current inland price for a litre of unleaded 95 octane petrol is R16.16. From Wednesday, this is set to fall to R16.03/l.
Price changes, which will come into effect just after midnight on Tuesday, include:
Petrol (both 93 ULP and LRP): thirteen cents per litre (13.00 c/l) decrease
Petrol (both 95 ULP and LRP): thirteen cents per litre (13.00 c/l) decrease;
Diesel (0.05% sulphur): five cents per litre (5.00 c/l) decrease;
Diesel (0.005% sulphur): five cents per litre (5.00 c/l) decrease;
Illuminating Paraffin (wholesale): three cents per litre (3.00 c/l) decrease;
Maximum LPGas Retail Price: one cent per kilogram (1.00 c/kg) decrease.
