MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home » Industry News » Manufacturing » Petrol price to decrease

Petrol price to decrease

According to SAnews.gov.za The price of petrol is set to decrease by 99 cents a litre on Wednesday.

A litre of unleaded petrol will be R12,35 inland and R11,87 on the coast.

Diesel (0,05% Sulphur) will decrease by 74 cents a litre, while diesel (0,005% Sulphur) will decrease by 73 cents.

The wholesale price for illuminating paraffin will decrease by 66 cents a litre, while the single maximum national retail price for illuminating paraffin will decrease by 88 cents.

The maximum retail price for LPGas will go down by R1,60 per kilogram.

The downward adjustments to the prices are mainly due to a stronger rand against the US dollar and an oversupply of refined petroleum products in the global markets.


 

 

Source

SAnews.gov.za

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

Bleak outlook for fuel prices in March – AA

Unaudited data from the Central Energy Fund (CEF) is indicating yet another significant increase in the price of both grades of petrol, diesel, and...

More fuel price relief on the horizon – AA 

Fuel prices across the board are projected to decrease significantly in December, according to unaudited mid-month data from the Central Energy Fund (CEF). The...

MUST READ

Over R100-billion to be invested in data centres in South Africa 

By Larry Claasen Amazon Web Services (AWS) plans to invest R46-billion in Cape Town by 2029. THE setting up of hyperscale data centres in South Africa...

RECOMMENDED

Cape Business News
Follow us on Social Media