25 Apr 2012

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Petrol price to rise steeply - again

Fin24
Johannesburg - The price of all grades of petrol will rise by 28c a litre next week, keeping the cost of fuel at a record high.

Diesel will cost an addition 9.4c/l and paraffin up to 12c more.

The hike brings the cost to R12.22/l in Gauteng and R11.87/l for 95 octane petrol. Diesel will now cost R10.98/l in Gauteng and R10.73/l at the coast.

The department of energy said on Wednesday that higher international oil prices affected the petrol price. While global diesel prices dropped, a weaker rand affected the increase.
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