For the first time ever, the December petrol price is expected to eclipse R20 per litre.
December petrol price expected to eclipse R20
There will be nothing festive about the tailend of the year for motorists, as the Department of Energy confirmed that from Wednesday 1 December 2021, increases at the pump will reach record highs.
The culprit behind this month’s petrol hike, the department explained, is the weakening South African Rand in the global market. A number of factors contributed to a poor performance by the Rand against international currencies like the US dollar.
Add mandatory levies charged by the government and from Wednesday, motorist will fork out an extra 81c per litre for petrol and about 73c and 75c for the two grades of diesel, respectively.
“The average international product prices for petrol, diesel increased whilst illuminating paraffin decreased during the period under review. The rand depreciated against the US dollar during the period under review, on average, when compared to the previous period,” the department noted.
Here’s how much a full tank will cost
Here is a comprehensive look at how much a full tank will likely cost at the pumps in December 2021.
These estimates are calculated for light motor vehicles and SUVs with an average fuel capacity of 45 litres and 70 litres, respectively.
|Petrol 93||R20.13||R905.85||R1 409.10|
|Petrol 95||R20.35||R915.75||R1 424.50|
|Diesel 0.05%||R17.96||R808.20||R1 257.20|
|Diesel 0.005%||R17.94||R807.30||R1 255.80|
|Petrol 93||R19.61||R882.45||R1 372.70|
|Petrol 95||R19.63||R883.35||R1 374.10|
|Diesel 0.05%||R17.36||R781.20||R1 215.20|
|Diesel 0.005%||R17.33||R779.85||R1 213.10|