South Africa: Petrol price to rise by 12 cents

04 May 2016, Pretoria — The price of all grades of petrol will increase by 12 cents a litre on Wednesday, said the Department of Energy.

Fuel-pump-360x270The increase will apply to both 95 and 93 octane (ULP and LRP). Diesel 0.05% sulphur will decrease by 1 cent.

As of Wednesday, a litre of 95 octane petrol will cost R12.74 in Gauteng and R12.26 at the coast.

The price of diesel (0.005%) wholesale will decrease by 2 cents a litre, while the price of illuminating paraffin (wholesale) will decrease by 7 cents a litre.

The cost of illuminating paraffin single maximum national retail price (SMNRP) will decrease by 9 cents, while the price of maximum retail price for LPGAS will decrease by 5 cents per kilogram.

According to the department, the average international product prices of petrol, diesel and illuminating paraffin increased during the period under review.

“The rand strengthened against the dollar on average when compared to the previous period,” it said.

In April, the price of 95 octane petrol rose by 88 cents, while the price of 93 octane petrol rose by 86 cents.

-SANews

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