The latest fuel price adjustments Department of Energy which comes into effect on Wednesday (3 May 2023).
South Africans can expect a marginal increase in the price of petrol this week, with diesel also seeing a much bigger price rise.
Petroleum is an important product for the country. One commodity that can easily define South Africa’s economy is petrol. Changes in the price of petrol can affect the nation’s micro and macroeconomic indices in a very big way.
Common Uses of Petrol in South Africa
Petrol is, perhaps, the most used commodity in South Africa. Some of its uses include;
- Fuel for Vehicles/Motorbikes
- Fuel for Power Generators
- Fuel for Pump Machines
- Petrol for Industry
Several industries in South Africa produce goods which have petroleum as a primary component. Jellies, pomades, and Vaselines are some very good examples of this.
There are also glue-making industries that require petroleum in their production processes. The cost of petroleum will definitely be a cause for concern for such people.
Current Price of Petrol in South Africa May 2023
Listed below are the latest fuel price fluctuations in South African for your convenience to ensure that you stay abreast of your financial expenses.
Petrol Unleaded 93
- Current Price: R 23.01
- Previous Price: R 22.64
Petrol Unleaded 95
- Current Price: R 23.34
- Previous Price: R 22.97
Petrol Unleaded LRP
- Current Price: R 23.01
- Previous Price: R 22.64
Diesel 500ppm
- Current Price: R 20.15
- Previous Price: R 20.88
Diesel 50ppm
- Current Price: R 20.50
- Previous Price: R 20.97
