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Petrol price to drop

Cape Town - The retail price of petrol will decrease by 8 cents a litre next Wednesday, while diesel will fall by 3.98 cents a litre.

However, the government warned that this month's weakness in the rand - now down at four-year lows - would affect July prices.

"The department would like to take this opportunity to caution that the impact of the weaker currency will be felt in the July adjustment," the energy ministry said in a statement.



 
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Rand - Dollar
18.90
+0.2%
Rand - Pound
23.85
+0.2%
Rand - Euro
20.38
+0.3%
Rand - Aus dollar
12.31
+0.2%
Rand - Yen
0.12
+0.2%
Platinum
908.05
0.0%
Palladium
1,014.94
0.0%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent-ruolie
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
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