The Department of Mineral Resources and Energy has published the official petrol and diesel price changes for November 2023.
Petrol prices will be cut by R1.78 per litre, and diesel will be going down by between 82 and 85 cents 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 29 September 2023 to 26 October 2023 was 19.0797 compared to 18.9853 during the previous period. The combined cumulative petrol and diesel Slate balances at the end of September 2023 amounted to a negative balance of R 6.267 billion.
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