Petrol price to rise next week

The retail price of petrol will rise by 37 cents to 40 cents a litre—depending on the grade—on Wednesday July 1, the Minerals and Energy Department said on Friday.

This follows an increase of 15 cents per litre last month and a three cent decrease the month before.

Petrol will be affected as follows: 93 octane petrol is being increased by 37 cents a litre and 95 octane by 40 cents a litre.

Diesel prices will also increase, with 0,05% sulphur and 0,005% sulphur both increasing by 40 cents per litre.

The wholesale price of illuminating paraffin will increase by 46 cents a litre and the single maximum national retail price for illuminating paraffin will rise by 62 cents a litre.—Sapa, I-Net Bridge