Petrol price hike ahead of holidays

Petrol price hike ahead of holidays

Johannesburg – The retail price of all grades of petrol will increase by 13c a litre on Wednesday December 1, the Department of Energy announced on Friday.

This is from a 20c a litre increase in November.    

The price of 0.05% sulphur diesel will increase by 14c a litre while that of 0.005% sulphur diesel will increase by 15c per litre.

Wholesale paraffin will increase by 14c a litre, and the price of illuminating paraffin - SMNRP- will rise by 19c per litre.

The maximum retail price for LPGAS will increase by 17c per litre, the energy department said.

During the period under review, the average international product prices of petrol, diesel and illuminating paraffin increased.

The average rand/US dollar exchange rate weakened when compared to the previous period.

The average rand/US dollar exchange rate for the period October 29 2010 to November 25 2010 was 6.9767 compared to 6.9374 during the previous period.

Petrol in Gauteng will now cost 845c a litre from 832c before, and 821c at the coast from 808c before.