Petrol and diesel price cuts CONFIRMED for January: It’s GREAT news!

[Nat Quinn]

The Department of Energy has confirmed the official petrol and diesel price changes for January 2023 – and it’s SUPER news!

 

The price of petrol will drop by a whopping R2.06 per litre for both 93 and 95 octanes, while the 0.05% diesel price will decrease by R2.69 per litre and the 0.005% diesel price by R2.81.

 

The changes will come into effect at midnight on Tuesday, 3 January.

Petrol is now the cheapest it’s been since February 2022 when Russia’s invasion of Ukraine triggered a spike in oil prices.

 

PETROL AND DIESEL PRICE CHANGES AS BELOW:

Fuel	Price change
Petrol 93	decrease of 206 cents per litre
Petrol 95	decrease of 206 cents per litre
Diesel 0.05%	decrease of 269 cents per litre
Diesel 0.005%	decrease of 281 cents per litre
Illuminating Paraffin (wholesale)	decrease of 193 cents per litre
LPGAS	increase of 82 cents per kilogram

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This is how the expected price changes will reflect at the pumps for Inland and Coastal regions:

Inland	December	January
93 Petrol	R23.16	R21.10
95 Petrol	R23.46	R21.40
0.05% diesel (wholesale)	R23.92	R21.23
0.005% diesel (wholesale)	R24.23	R21.42
Illuminating Paraffin	R17.19	R15.26
LPGAS (p/kg)	R34.04	R34.86

Coastal	December	January
93 Petrol	R22.51	R20.45
95 Petrol	R22.81	R20.75
0.05% diesel (wholesale)	R23.27	R20.58
0.005% diesel (wholesale)	R23.59	R20.78
Illuminating Paraffin	R16.40	R14.47
LPGAS (p/kg)	R31.63	R32.45

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