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Articles: Petrol price to increase by 14 cents next week
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Posted by admin on Friday, January 27, 2006 - 03:19 PM
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PostNukeTHE retail petrol price for all grades of petrol will rise by 14 cents per litre from February 1, the department of minerals and energy announced on Friday.
I-Net Bridge

The wholesale price of diesel 0,3% sulphur will fall by 1c/l, while diesel 0,05% sulphur will see no change on the same date.

The wholesale price of illuminating paraffin will be rise by 4c/l, while the single maximum national retail price of illuminating paraffin will be increased by 5c/l.

The latest changes bring the retail price of a litre of 93 octane petrol in Gauteng to 563c/l and to 540c/l at the coast.

During the review period the average international prices of petroleum products increased, while the average rand/US dollar exchange rate strengthened when compared to the previous period.

The average rand/US dollar exchange rate for the period was R6,1408 compared with R6,3762 in the December averaging period and R6,6751 in the November averaging period.


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