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Fuel price on the way up again

Jan 29 2010 12:16

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Johannesburg - The retail price of petrol will rise next week, the energy department said on Friday.

The price of all grades of petrol will increase in price by 18c a litre.

The wholesale price of diesel with a 0.05% sulphur content will rise by 10c a litre.

Diesel with a 0.005% sulphur content will increase in price also by 10c a litre.

The wholesale price of illuminating paraffin will rise by 5c a litre and the single maximum national retail price for illuminating paraffin will increase by 6c a litre.

According to the energy department, average international product prices of petrol, diesel and illuminating paraffin increased from December 31 to January 28.

The average rand/US dollar exchange rate strengthened, compared to the previous period.

The average rand/US dollar exchange rate for the period under review was 7.4735 compared to 7.5236 during the previous period.

Petrol in Gauteng will cost R8.04 a litre, and R7.81 at the coast.

- Sapa

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