Remember — don’t fill up with fuel tonight

2008-08-04 00:00

After 11 months of ritually filling their tanks on the first Tuesday of the month before fuel price hikes, motorists can relax tonight.

The price of petrol will drop after midnight tonight for the first time since September 5, 2007.

Although the Minerals and Energy Department announced on Friday that petrol will cost 27 c less, the price will actually decrease by an effective 30 c a litre.

The price change has been rounded off because many petrol pumps cannot display a four-digit number.

Last month, the price of petrol reached the four-digit mark, taking it over R10 for the first time in Pietermaritzburg.

According to the Fuel Retailers’ Association, the average price of petrol in Pietermaritzburg will drop to R10,10 cents a litre from R10,40.

The wholesale price of 0,05% sulphur diesel — presently around R11,50 a litre — will decrease by 16c a litre while the wholesale price of 0,005% sulphur diesel will drop by 17c a litre.

Weaker global oil prices coupled with a stronger rand helped to soften fuel prices in August.

The price of illuminating paraffin will increase by four cents a litre.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.