Big drop in fuel price lays ahead
THE RETAIL price of 93 octane unleaded petrol (ULP) and lead replacement petrol (LRP) will drop by 69c/l with effect from midnight on Tuesday, the energy department has announced. The retail price of 95 octane ULP and LRP will drop by 68c/l, it said. The wholesale price of both grades of diesel – 0.05 percent sulphur and 0.005 percent sulphur – would decrease by 60c/l. The wholesale price of illuminating paraffin would drop by 57c/l and the single maximum national retail price by 76c/l. The maximum retail price for LP gas would drop by 91c/kg, due to the average international product prices decreasing during the period under review (June 2 to June 29).