The Department of Mineral Resources and Energy has published the official petrol and diesel price changes for October.
Petrol prices will be going up by R1.08 and R1.14 per litre, and diesel will be hiked by between R1.94 and R1.97 a litre.
The Rand depreciated against the US Dollar during the period under review, on average, when compared to the previous period. The average Rand/US Dollar exchange rate for the period 01 September 2023 to 28 September 2023 was 18.9853 compared to 18.6731 during the previous period. In terms of the Working Rules to administer the BFP, the differentials between 95 and 93 petrol grades are adjusted at the beginning of each quarter.
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