Home World South Africa News BREAKING: Fuel Prices Go Up

BREAKING: Fuel Prices Go Up

The price of petrol is up to 75c a liter to R20.29, effective from 1 December.

That is what you will pay for 95-octane petrol in Gauteng. Unleaded 93 is 22c per litre cheaper inland.

The various taxes bundled into the petrol price comes to R6.25 per litre. For December, that represents 31% of the pump price for inland 95.

The price of the petrol itself, known as the basic fuel price or BFP, is at R9.74, or 48% of the total price at the pump.

The remainder is made up of a dealer margin, now at 11.28% of the total, a further wholesale margin of 2.24%, and charges related to handling and storage.

The taxes are made up of:

-Business Insider

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