Monster fuel increase

2018-10-03 06:02

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

AS from midnight last night, the price of fuel skyrocketed by the largest increase ever.

Both grades of petrol, 93 and 95 (ULP & LRP), increased by 99c and 100c a litre respectively, bringing the overall retail price of 95 ULP for motorists in Gauteng to R17.08c/l and R16.49c/l at the Coast.

Diesel 0.05% sulphur and diesel 0.005% sulphur increased by 124c a litre.

Illuminating paraffin goes up by 104c, while illuminating paraffin (SMNRP) will cost 139c more per litre.

The maximum retail price for LPGAS will spike by 179c per kilogram.

The Department has attributed the rising fuel price to the weakening rand exchange rate with the average rand/US dollar exchange rate for the period 31 August 2018 to 27 September 2018 being 14.7899 compared to 13.9430 during the previous period.

The Automobile Association warned that fuel users are facing unprecedented price increases which it describes as “catastrophic” for road users.

The Association noted that the major culprit is the country's economic policy, which has left South Africans defenseless against upticks in international oil prices.

Join the conversation!

24.com 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.
NEXT ON NEWS24X

Inside News24

 
/News
Traffic Alerts

Jobs in Cape Town [change area]

Jobs in Western Cape region

IT Manager (contract)

Cape Town CBD
Communicate Cape Town IT
R330 000.00 - R458 000.00 Per Year

Elconop 3 / Elconop 1

Cape Town Southern Suburbs
Workforce
R55.00 - R59.00 Per Hour

call centre agent

Milnerton
Pro Placements Recruitment Agency
R4 000.00 Per Month Per Month

Property [change area]

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

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 24.com network.

Settings

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.