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Less for petrol but more for diesel this month


Motorists will experience a slight relief at the pumps this month as all grades of petrol are decreasing by 12 cents/litre.

The announcement was made on Tuesday by the Minister of Energy, Gwede Mantashe.

Diesel, however, will increase by 98 and 92 cents p/l respectively.

Illuminating Paraffin will increase by 79.60 cents p/l while gas will increase by 69 cents per kilogram.

The main reasons for the fuel price adjustments are that the average Brent Crude oil price decreased during the period under review.

The main contributing factor though was the latest Covid-19 restrictions in China which is a huge importer of crude oil.

The changes will come into effect at midnight.

Fuel levy

Due to the ongoing Russia - Ukraine conflict which has affected fuel prices globally, the temporary reduction in the general fuel levy of R1.50 announced by the Minister of Finance in consultation with the Minister of Mineral Resources will continue during the month of May, until Tuesday the 31st of May 2022.

The total fuel levy will remain 244.00 c/l for petrol and 230.00 c/l for diesel during this period.