The retail price of all grades of petrol will rise by 34 cents per litre (c/l) from Wednesday May 2, the Department of Minerals and Energy said on Wednesday.
The latest changes bring the retail price of a litre of 95 octane unleaded petrol in Gauteng to 701c/l and to 677c/l at the coast.
During the period under review, the average international product prices of petrol, diesel and illuminating paraffin increased.
The average rand/United States dollar exchange rate strengthened when compared to the previous period. The average rand/US dollar exchange rate for the period March 30 2007 to April 24 2007 was 7,1680 compared with 7,3841 during the previous period.
The wholesale price of diesel 0,05% sulphur will increase by 30 cents a litre and that of 0,005% sulphur will also rise by 30 cents a litre on the same date.
The wholesale price of illuminating paraffin will rise by 18c/l, while the single maximum national retail price of illuminating paraffin will increase by 24c/l. — I-Net Bridge