Petrol Price Set to Increase
Written by Mfundo on 4 January, 2021
The Department of Mineral Resources and Energy has announced that the price of petrol is set to increase by between 40 and 43 cents a litre this week.
In a statement on Monday, the (department said the price of 93 (ULP and LRP) will go up by 43 cents, while that of 95 (ULP and LRP) will increase by 40 cents.
From Wednesday, a litre of 95 ULP in Gauteng, which currently costs R14.46, will increase to R14.86 a litre, meanwhile, diesel (0.05% Sulphur) will increase by 55 cents a litre, while the price of diesel (0.005% Sulphur) will increase by 54 cents a litre.
The price of illuminating paraffin (wholesale) will increase by 55 cents, whereas the price of illuminating paraffin (SMNRP) will increase by 74 cents, while the Maximum Retail Price for LPGAS will decrease by 44 cents per kilogram.
The department said the average international product prices for petrol, diesel and illuminating paraffin increased during the period under review