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Petrol prices in South Africa on the rise

NewsLite by NewsLite
1st Jun 2020
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Petrol prices rose on Wednesday by R1.18 per liter. Diesel’s wholesale prices are up 21c / liter.

These are the official price increases announced by the Department of Energy on Monday afternoon.

This follows a rise in international fuel prices over the past month, although the rand has strengthened slightly against the dollar. International prices began to rise as more and more countries began to reopen their economies amid the Covid 19 pandemic.

However, petrol will still be 20% cheaper than a year ago when it cost R16.76 per liter in Gauteng.

Diesel with a sulfur content of 0.05% will become more expensive at 22c per liter and the maximum retail price for paraffin will rise by 54c per liter. Liquid petroleum gas (LPG) price per kilogram increases by R1.98.

The rand’s strengthening against the dollar has helped fuel prices to rise by an extra 7c / liter.

In Gauteng, 93 octane petrol will cost R13.20 per liter from Wednesday and 95 octane R13.40.

Diesel’s wholesale price will be R11,30 for those with a sulfur content of 0,05% and R11,38 for those with a sulfur content of 0,005%.

On the coast, 95-octane gasoline will now cost R12.70 and diesel’s wholesale prices will be R10.70 per liter.

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