Petrol price to drop 21 cents a litre

The retail price of petrol will drop next week, the Energy Department said on Friday.

Petrol 93 ULP and LRP and Petrol 95 ULP and LRP will both drop in price by 21 cents a litre.

The wholesale price of diesel with a 0,05% sulphur content will drop by 20 cents a litre.

Diesel with a 0,005% sulphur content will drop by 21 cents a litre.

The wholesale price of illuminating paraffin will decrease by 14 cents a litre and the single maximum national retail price for illuminating paraffin will decline by 19 cents a litre.

During the period under review—June 26 to July 30—the average international product prices of petrol, diesel and illuminating paraffin decreased, the department said.

The average rand/US dollar exchange rate for the period under review was 7,9840 compared to 8,1093 during the previous period, the department said.—Sapa

.

Client Media Releases

Don't judge a stock by share price alone
UKZN School of Engineering celebrates accreditation from ECSA
MTN celebrates 25 years of enhancing lives through superior network connectivity