Diesel fuel prices today

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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. This means that South Africa fuel prices lag international prices by one month. The petrol pump price is composed of a number of price elements which can be divided into international and domestic elements. The international element, or Basic Fuel price BFP , 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.

Diesel fuel prices today

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. Composition of the retail price of petrol and the wholesale prices for diesel in land gauteng for the period 06 March to 02 April will be as follows:. Composition of the retail price of petrol and the wholesale prices for diesel in coastal cpt, dbn for the period 06 March to 02 April will be as follows:. 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. Throughput agreement PDF. More in Motorists. Inside our Stations We put the service back into service-station, ensuring you always leave us a little happier than when you arrived. Offers and competitions. Shell fuels.

To this is added various government regulated taxes and levies and allowable margins to arrive at a fully built up price for petrol. We use cookies to give you the best online experience and allow marketing activity, diesel fuel prices today, including sharing some information with our partners. The above principles must be balanced with the principle of efficient prices for consumers and, through the Regulatory Accounting System, prices are based on a transparent and defendable methodology.

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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. Before , the average price of diesel fuel was often lower than the average price of regular gasoline.

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. All types of finished motor gasoline may be sold in this area.

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The international element, or Basic Fuel price BFP , 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. The cookies is used to store the user consent for the cookies in the category "Necessary". The Monthly Pricing System, whereby the controlled prices are changed on the first Wednesday of each month, takes account of movements in these factors. Corporate Solutions. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". We use cookies to give you the best online experience and allow marketing activity, including sharing some information with our partners. The RAS determines margins for retail petrol only. Take better care of your vehicle by learning how to become more fuel efficient and safer on the road. Necessary cookies are absolutely essential for the website to function properly. The margin needs to sufficiently reward investment across the value chain. AA Roadside Rescue. The MPAR system, as well as the guidelines to determine the service differential secondary storage and distribution , was applied for the last time in More in Motorists. The then Department of Mineral and Energy Affairs DME commenced with a review of the methodologies for setting wholesale, distribution and retail margins of petroleum products to remove hidden costs and cross subsidies between regulated and unregulated activities and between rural and urban retail sites.

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The petrol retail price is regulated by government and is adjusted every first Wednesday of the month. Within this price build up are charges for NERSA operations and allowable distribution charges based on magisterial district zoning. The cookie is used to store the user consent for the cookies in the category "Other. AA Financial Services. Fuel price trends - Petrol Unleaded Cookie Settings Accept All. The margin needs to sufficiently reward investment across the value chain. Movements in the rand-based elements internal factors are subject to government control. The then Department of Mineral and Energy Affairs DME commenced with a review of the methodologies for setting wholesale, distribution and retail margins of petroleum products to remove hidden costs and cross subsidies between regulated and unregulated activities and between rural and urban retail sites. The transitional phase of the RAS lasted for a period of two years with end-state implementation on 4 December The cookie is used to store the user consent for the cookies in the category "Analytics". Shell fuels.