| South Africa Gasoline prices | Litre | Gallon |
| ZAR | 22.035 | 83.412 |
| USD | 1.216 | 4.603 |
| EUR | 1.234 | 4.671 |
Is the price of fuel in South Africa rising?
Fuel prices have risen 14% year to date in 2022, from R19.61 in January. Despite some comfort in the last two months from successive drops in gasoline prices, the latest data from the Central Energy Fund hint to another increase in November.
Why is fuel so costly in South Africa?
International oil price pressure raises fuel landed costs in South Africa. The landing cost is translated to rands at the current exchange rate. Any decline in the rand’s exchange rate against the US dollar results in higher domestic gasoline prices.
Who determines South African fuel prices?
The RAS only determines margins for retail gasoline. The fundamental reason is that retail gasoline is a controlled product, and the price per fuel zone is published monthly in the Government Gazette.
Where does SA receive its fuel?
South Africa imports crude petroleum largely from Nigeria ($2.14 billion), Saudi Arabia ($1.87 billion), Ghana ($506 million), the United Arab Emirates ($208 million), and the United States ($114 million).
