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.

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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.

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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The petrol pump price is composed of a number of price elements which can be divided into international and domestic elements. Inland Coastal. Cookie Settings Accept All. The RAS determines margins for retail petrol only. 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. The internal factors — the rand-based retail and oil company marketing margins, transport costs and taxes and levies. Throughput agreement PDF. Fuel prices - Petrol Unleaded The Pricing System. Visit our Privacy Hub to learn more. Read More. AA Roadside Rescue.

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If prices are to be controlled, it is prudent for the control mechanism to be linked to world markets. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. When the various internal factors are adjusted — usually once a year — these movements are also included in the relevant monthly price change. The cookies is used to store the user consent for the cookies in the category "Necessary". The overriding rationale of the control of prices and margins should be to ensure that the various stakeholders in the industry earn fair returns. Within this price build up are charges for NERSA operations and allowable distribution charges based on magisterial district zoning. The cost of shipping and related costs of importing into South Africa are added to these prices. Featured content. Fuel price trends - Petrol Unleaded The cookie is used to store the user consent for the cookies in the category "Performance". Shell fuels. Diesel is set to decrease The external factors move constantly and account for most of the monthly movements in prices.