Motoristswill pay more for petrol in December 2022, while owners of diesel vehicles will get some relief. Here are the price changes in the fuel price for the last month of 2022.

Official fuel price adjustments for December 2022 have been published by the Central Energy Fund (CEF) on behalf of the Department of Mineral Resources and Energy.

As it stands, the price of diesel will decrease while the price of petrol will be going up.

The price of both Petrol 93 and Petrol 95 will increase by 59 cents per litre.

The price of Diesel (0.05% Sulphur) will decrease by R1.57 cents per litre and Diesel (0.005% Sulphur) will decrease by R1.52 cents per litre.

The price of Illuminating Parrafin will also be slashed by 57 cents per litre.

Recently, the stronger Rand has helped contribute in a positive manner towards better fuel prices, softening the potentially heavy blow that was expected earlier in the month. As reported in the middle of November 2022, motorists were heading towards increases of around R1 for petrol per litre, while diesel’s decrease was going to be just 34c per litre.

Earlier in November 2022, the AA commented, “The decrease to diesel and paraffin prices is encouraging. Diesel is a major input cost in many sectors and the decrease to this fuel cost is positive for all consumers. While positive, the suggested retail price of diesel in December will still be around R6.20/l more expensive than it was in January, which will have resulted in higher prices to goods and services during 2022,” says the AA.

“The Rand’s positive movement is certainly aiding consumers without which the outlook may have been gloomier. Going forward, though, we will continue to call for a re-evaluation of the fuel pricing structure to providemore longer lasting solutions to mitigate against rising fuel costs. A review of the fuel price must examine all the components that comprise a litre of fuel, establish their continued relevance as part of the fuel price, and determine if the calculations used are still correct. As we have said before, we believe such a review is long overdue and the longer government delays in getting this started, the longer it will take to find sustainable solutions,” the AA concludes.

Related Content

Most Fuel Efficient Budget Cars in SA

10 Fuel Efficient Used Compact SUVs under R300k

10 Fuel Efficient Used Cars Under R200k in SA

10 Fuel Efficient Used Family SUVs Under R400k

5 Fuel Efficient Used Double Cab Bakkies Under R500k

Is it time for South Africa to Switch to EVs?

5 Ways to Beat the Fuel Price Hike