![](\"http:\/\/pic1.tadke.com\/imgs\/cars2lims\/0603\/um14sqjoqsz.jpg\")
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Ahead of the 2020 Budget Speech on 26 February, PwC predicts that any fuel levy increase will be inflationary only \u2013 probably around 15c per litre. Photo: Pixabay<\/p>\n
It’s always a pleasure to bring good news to the motorists of Mzansi, no matter how small the victory. The petrol price is set to decrease even further in February, making it the second successive month where costs have come down. In fact, we’ve got some positive developments across the board.<\/p>\n
Confirmed petrol price for February 2020<\/p>\n
We can confirm there will be a hat-trick of decreases for our fuel and gas. Not only is petrol getting cheaper, but so are diesel and illuminating paraffin – even if it is by the barest of margins.<\/p>\n
Petrol<\/strong>\u00a0(95 grade): Decrease of 13 cents per litre.Diesel<\/strong>: Decrease of four cents per litre.Paraffin<\/strong>: Increase of three cents per litre.<\/p>\n Subtracting these totals from\u00a0January\u2019s fuel price\u00a0gives us the following average cost-per-litre for petrol and diesel. These prices will take effect in the first week of February:<\/p>\n Why is the petrol price forecast dropping in February?<\/p>\n The two indicators which determine our fuel prices are the rand and global oil prices. Although ZAR is struggling towards the end of the month, oil prices have calmed completely since an escalation at the start of January. The positives outweight the negatives in this case:<\/p>\n “Rising tensions between the USA and Iran in the opening days of 2020 sparked a sharp increase in international oil prices, but the commodity has rebounded quickly. In fact, the oil price has returned to a level we might have expected had the US-Iran flare-up not taken place at all,”\u00a0<\/p>\n “However, the rand has dipped to R14.30 to the US dollar. We have some concerns over this ongoing weakening in the absence of any overt Rand shocks. It is not a good sign of confidence in the SA economy. This year is likely to again be extremely economically challenging.”<\/p>\n AA statement<\/cite>Diesel and petrol price for January \u2013 filling up in coastal<\/em><\/strong> regions:Motor Vehicles and Bakkies<\/p>\n Average capacity:\u00a0<\/strong>45 litres Mini Buses \/ Taxis<\/p>\n Average capacity:\u00a0<\/strong>75 litres Buses and Trucks<\/p>\n Average capacity:\u00a0<\/strong>250 litres Motorcycles<\/p>\n Average capacity:<\/strong>\u00a020 litres Diesel and petrol price for January \u2013 Filling up inland<\/em><\/strong>Motor Vehicles and Bakkies<\/p>\n Average capacity:\u00a0<\/strong>45 litres Mini Buses \/ Taxis<\/p>\n Average capacity:\u00a0<\/strong>75 litres Buses and Trucks<\/p>\n Average capacity:\u00a0<\/strong>250 litres Motorcycles<\/p>\n Average capacity:\u00a0<\/strong>20 litres Help support journalists, the guardians of independent journalism, through our student media initiative that gives a voice to students and their generation! Find out more…Tags: Fuelpetrol pricesSouth Africa <\/p>\n","protected":false},"excerpt":{"rendered":" Ahead of the 2020 Budget Speech on 26 February, PwC predicts that any fuel levy increase will be inflationary only \u2013 probably around 15c per litre. Photo: Pixabay It’s always<\/p>\n","protected":false},"author":1,"featured_media":1468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[802,804,551,695,803],"_links":{"self":[{"href":"http:\/\/www.icaridea.com\/index.php?rest_route=\/wp\/v2\/posts\/1467"}],"collection":[{"href":"http:\/\/www.icaridea.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.icaridea.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.icaridea.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.icaridea.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1467"}],"version-history":[{"count":0,"href":"http:\/\/www.icaridea.com\/index.php?rest_route=\/wp\/v2\/posts\/1467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.icaridea.com\/index.php?rest_route=\/wp\/v2\/media\/1468"}],"wp:attachment":[{"href":"http:\/\/www.icaridea.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.icaridea.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1467"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.icaridea.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n\n\n
\n Fuel<\/strong><\/td>\n Inland<\/strong><\/td>\n Coastal<\/strong><\/td>\n Difference<\/strong><\/td>\n<\/tr>\n \n Petrol<\/td>\n R16.03<\/td>\n R15.39<\/td>\n Down by 13 cents<\/td>\n<\/tr>\n \n Diesel<\/td>\n R14.58<\/td>\n R14.04<\/td>\n Down by four cents<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n \n
Cost for a full tank of petrol:\u00a0<\/strong>R692.55
Cost for a full tank of diesel:\u00a0<\/strong>R633<\/p>\n
Cost for a full tank of petrol:<\/strong>\u00a0R1 154
Cost for a full tank of diesel:\u00a0<\/strong>R1 050<\/p>\n
Cost for a full tank of diesel:\u00a0<\/strong>R 3 500<\/p>\n
Cost for a full tank of petrol:\u00a0<\/strong>R307.80
Cost for a full tank of diesel:\u00a0<\/strong>R282<\/p>\n
Cost for a full tank of petrol:<\/strong>\u00a0R721.35
Cost for a full tank of diesel:<\/strong>\u00a0R657<\/p>\n
Cost for a full tank of petrol:\u00a0<\/strong>R1 202
Cost for a full tank of diesel:\u00a0<\/strong>R1 095<\/p>\n
Cost for a full tank of diesel:\u00a0<\/strong>\u00a0R3 650<\/p>\n
Cost for a full tank of petrol:\u00a0<\/strong>R320.60
Cost for a full tank of diesel:<\/strong>\u00a0R292<\/p>\n