The retail price of 91 unleaded and 93 unleaded and lead-replacement petrol will rise by 9 cents a litre on Wednesday October 3, the Department of Minerals and Energy announced on Friday.
The price of 95 unleaded and lead-replacement petrol will increase by 10 cents a litre.
The wholesale price of diesel — all grades — will rise by 23 cents a litre.
The wholesale price of illuminating paraffin will increase by 13 cents a litre, while the single maximum national retail price for illuminating paraffin will increase by 17 cents a litre (c/l).
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.
In June the price of petrol hit an all-time high of 724c/l.
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 August 31 to September 27 was 7,1580 compared with 7,2356 during the previous period, it was reported. — I-Net Bridge