01 Nov 2013

Petrol price drops

Sapa

Johannesburg - The price of petrol will decrease by 28 cents a litre from midnight on Tuesday.

The retail prices of all grades of petrol, the wholesale prices of both grades of diesel, illuminating paraffin and the maximum retail prices of liquid petroleum gas would decrease, the energy department said on Friday.

The international petroleum product prices had decreased on average compared to the previous pricing review period.

The average rand/US dollar exchange rate had decreased from just over R10 to R9.93 during the current fuel price review period, the department said.

The strengthening of the rand against the US dollar contributed to the decrease in the basic fuel price.

We live in a world where facts and fiction get blurred

Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.

Join News24 today

description

username

Show Comments ()