The retail price of petrol will rise next week, the Energy Department said on Friday.
The price of all grades of petrol would increase in price by 27 cents a litre. The wholesale price of diesel with a 0,05% sulphur content will rise by 25 cents a litre.
Diesel with a 0,005% sulphur content will increase in price by 26 cents a litre.
The wholesale price of illuminating paraffin will rise by 29 cents a litre and the single maximum national retail price for illuminating paraffin will increase by 39 cents a litre.
According to the Energy Department, from October 30 to November 26, the average international product prices of petrol, diesel and illuminating paraffin increased.
”The average Rand/US Dollar exchange rate weakened when compared to the previous period.”
The department said the average rand/US dollar exchange rate for the October 30 to November 26 was 7,5722 compared to 7,4988 during the previous period.
A litre of petrol ULP 95 will now cost R7,92 a litre in Gauteng. — Sapa