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Petrol Price Set To Decrease

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The Energy Department has confirmed the price will decrease this month, after months of steadily increasing.  

As of Wednesday, the following prices will decrease by nine cents a litre.

  • 93 Unleaded petrol (ULP) and Lead Replacement Petrol (LRP)
  • 95 ULP and LRP

In Gauteng, a litre of 95 ULP will decrease from R17.32 a litre to R17.23.

Other increases include:

  • Diesel (0.05% Sulphur) will decrease by 31 cents a litre,
  • Diesel (0.005% Sulphur) will increase by 30 cents a litre
  • illuminating paraffin (wholesale) will decrease by 23 cents.
  • illuminating paraffin (SMNRP) will decrease by 30 cents
  • LPGAS will decrease by 172 cents per kilogram

The department said the rand has appreciated against the US dollar, compared to the previous period. 

“The average international product prices for petrol and illuminating paraffin increased whilst diesel decreased during the period under review,” said the DMRE.

The Automobile Association said this drop in petrol prices will assist those who use paraffin during winter.

“As we head into winter, South Africans who use paraffin for lighting, cooking, and heating especially will no doubt be glad at this news. For its part, the AA is hopeful the recent streak of price stability will continue to provide more price relief to fuel users in the short to medium term,” it said.

 

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