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. To this is added various government regulated taxes and levies and allowable margins to arrive at a fully built up price for petrol. Within this price build up are charges for NERSA operations and allowable distribution charges based on magisterial district zoning.

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.

Emergency Medical Assistance. Display prices for which year? The Monthly Pricing System, whereby the controlled prices are changed on the first Wednesday of each month, takes account of movements in these factors.

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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. RFG area is an ozone nonattainment area designated by the U. We did not collect weekly retail motor gasoline data between December 10, , and January 14, Monthly and annual averages are simple averages of the weekly data. On May 14, , we implemented statistical methodology changes to improve the accuracy of the weekly retail gasoline price estimates. As a result of these statistical methodology changes, the published retail gasoline estimates for May 14, , are not directly comparable to those published for May 7,

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For the review, the following principles were accepted as important for the viability of the industry:. There are two main constituents of the prices of controlled petroleum products:. 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. Manage consent. 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. In this section we take a look at the current fuel prices as well as the next estimated petrol price forecast. The Monthly Pricing System, whereby the controlled prices are changed on the first Wednesday of each month, takes account of movements in these factors. The transitional phase of the RAS lasted for a period of two years with end-state implementation on 4 December RAS provides a transparent, justifiable and predictable mechanism that will provide acceptable returns to current and future investors in petroleum marketing activities in South Africa during the period in which these activities remain regulated. How petrol prices are calculated in South Africa. Necessary cookies are absolutely essential for the website to function properly. Shell engine oils and lubricants. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies.

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I need help choosing a product. Movements in the rand-based elements internal factors are subject to government control. The overriding rationale of the control of prices and margins should be to ensure that the various stakeholders in the industry earn fair returns. You also have the option to opt-out of these cookies. Within this price build up are charges for NERSA operations and allowable distribution charges based on magisterial district zoning. More in Motorists. They comprise adjustments in taxes and levies, transport costs, wholesale margins, retail margins and service costs. Inland Coastal. The cost of shipping and related costs of importing into South Africa are added to these prices. 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. Don't stress, just press Personal, on-call emergency service.