Noth­ing fes­tive as fuel price goes up

CityPress - - Busi­ness -

With the fes­tive sea­son just around the cor­ner, mo­torists will have to en­dure an al­most im­per­cep­ti­ble in­crease in the petrol price from next week.

On Fri­day, the de­part­ment of en­ergy an­nounced that 93- and 95-oc­tane petrol would in­crease by just 1c per litre.

There will be de­creases in the prices of diesel and liq­ue­fied pe­tro­leum gas. The prices of diesel 0.05% sul­phur and 0.005% sul­phur will de­crease by 3.8c and 1.8c per litre, re­spec­tively.

The whole­sale price of il­lu­mi­nat­ing paraf­fin will in­crease by 1c a litre and the sin­gle max­i­mum na­tional re­tail price of il­lu­mi­nat­ing paraf­fin by 0.2c a litre.

The max­i­mum re­tail price for LP gas will de­crease by 4c/kg.

The main rea­son for fuel-price ad­just­ments was the weak­en­ing of the rand against the dol­lar, de­spite the drop in the prices of all pe­tro­leum prod­ucts dur­ing the pe­riod un­der re­view, the de­part­ment said.

The rand was at R14.29 against the dol­lar on Fri­day af­ter­noon.

– Fin24

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