Diesel fuel prices today

The petrol retail price is regulated by government and is adjusted every first Wednesday of the month. The monthly price change which is made is essentially an average over a prior period applied to the future month.

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. We put the service back into service-station, ensuring you always leave us a little happier than when you arrived. Take better care of your vehicle by learning how to become more fuel efficient and safer on the road. Skip to main content. Petrol price update In this section we take a look at the current fuel prices as well as the next estimated petrol price forecast.

Diesel fuel prices today

Live your best life For only R per month. Find out more. Don't stress, just press Personal, on-call emergency service. Download the App. Introducing Personal loans to suit your needs. I need help choosing a product. Please note that 93 LRP is not sold in coastal regions. Display prices for which year? Inland Coastal. Fuel prices - Petrol Unleaded Fuel price trends - Petrol Unleaded

The review proposed the use of regulatory accounts to set appropriate margins for retail petrol. The international element, or Basic Fuel price BFPdiesel fuel prices today, in its simplest form is based on what it would cost a South African importer to buy petrol from an international refinery and to transport the product meeting local specification to South African shores.

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The cost of producing and delivering diesel fuel to consumers includes the costs of crude oil, refinery processing, marketing and distribution, and retail station operation. The retail pump price reflects the costs and the profits and sometimes losses of the refiners, marketers, distributors, and retail station owners. The relative share of these cost components to the retail price of diesel fuel varies over time and varies among regions of the country. The retail price at the pump also includes federal, state, and local taxes. The federal excise tax for on-highway diesel fuel is As of July 1, , the average for total state taxes and fees for on-highway diesel fuel was Sales taxes, along with local and municipal government taxes, also contribute to the final selling price of diesel fuel. Local market conditions and factors such as the location of the fueling station can also affect retail diesel fuel prices. Some retail outlets are owned and operated by refiners, and others are independent businesses that purchase diesel fuel for resale to the public.

Diesel fuel prices today

Weekly Monthly Annual. Download Series History. Notes: Conventional area is any area that does not require the sale of reformulated gasoline.

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Necessary Necessary. Take better care of your vehicle by learning how to become more fuel efficient and safer on the road. The diesel retail price is not regulated although the DMRE presently publishes a wholesale list price for diesel. Within this price build up are charges for NERSA operations and allowable distribution charges based on magisterial district zoning. The spot prices used are:. Fuel price trends - Petrol Unleaded Inland Coastal. Diesel is set to decrease The Automobile Association of South Africa. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". This system had its roots in the s when the government of the day applied price control to various industries. From until , when the regulatory accounting system RAS transitional phase commenced, no regulatory system was in place to determine retail petrol wholesale, secondary storage and secondary distribution margins. 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 margin needs to sufficiently reward investment across the value chain. The external factors move constantly and account for most of the monthly movements in prices.

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They comprise adjustments in taxes and levies, transport costs, wholesale margins, retail margins and service costs. These cookies ensure basic functionalities and security features of the website, anonymously. I need help choosing a product. Shell fuels. The DME was also of the view that this review would assist in preparing the sector for eventual deregulation. The petrol retail price is regulated by government and is adjusted every first Wednesday of the month. For the review, the following principles were accepted as important for the viability of the industry:. AA Financial Services. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

3 thoughts on “Diesel fuel prices today

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