Fuel price goes up again

2016-10-05 06:00

THE Department of Energy announced that as from today, Wednesday, October 5, the retail price of petrol (93 octane) will increase by 44 cents per litre and 95 octane by 43c per litre.

The wholesale price of diesel (0,05% sulphur and 0,005% sulphur) will increase by 23c per litre, while the wholesale price of illuminating­ paraffin will increase by 22c per litre.

The single maximum national retail price of illuminating paraffin (SMNRP) will increase by 30c per litre and the maximum retail price for LPGAS will go up by 58c per kilogramme.

According to the department, the economic factors that impacted fuel prices in September included an increase in the average international product prices of petrol, diesel and illuminating paraffin.

The average rand-dollar exchange rate for September was R14,0057 compared to R13,8016 during August.

This led to increases in the contribution to the basic fuels price on petrol, diesel and illuminating paraffin by 7,89 c/l, 7,48 c/l and 7,50 c/l respectively.

- Fin24.

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