South African motorists are expected to feel the pain at the pumps from Wednesday when the prices of all grades of petrol and diesel are expected to rise.
Fuel prices are expected to increase as follows:
- Petrol (both 93 and 95 ULP and LRP): 53 cents per litre increase;
- Diesel (0.05% sulphur): 79.84 cents per litre increase;
- Diesel (0.005% sulphur): 78.84 cents per litre increase.
Wholesale illuminating paraffin is also expected to increase by about R1.01 per litre and the single maximum retail selling price of illuminating paraffin will increase by R1.35 per litre.
The maximum LP Gas retail price is expected to decrease by at least R1.24 per kilogram.
The Mineral Resources and Energy Department said a myriad of local and international factors contributed to the higher prices of fuel including an increase in the cost of Brent Crude Oil and high import costs.
Click to read the full statement.
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