Latest
 
  • All Share : 52957.8
    UP 0.24%
    Top40 - (Tradeable) : 46139.33
    UP 0.31%
    Financial 15 : 15327.52
    DOWN -0.20%
    Industrial 25 : 70188.34
    DOWN -0.08%
    Resource 10 : 31683.49
    UP 1.68%

  • ZAR/USD : 13.931
    DOWN -0.47%
    ZAR/GBP : 18.3239
    DOWN -0.66%
    ZAR/EUR : 15.7357
    DOWN -0.55%
    ZAR/JPY : 0.1384
    DOWN -0.57%
    ZAR/AUD : 10.5932
    DOWN -0.64%

  • Gold US$/oz : 1337.4
    UP 0.04%
    Platinum US$/oz : 1107
    UP 0.18%
    Silver US$/oz : 18.9
    UP 0.64%
    Palladium US$/oz : 700
    UP 0.57%
    Brent Crude : 49.53
    DOWN -0.02%

  • All data is delayed by 15 min. Data supplied by Profile Data
    Hover cursor over this ticker to pause.

Wed Aug 24 06:21:19 SAST 2016

Petrol price increases by 96 cents per litre on Wednesday

Sapa | 28 February, 2015 08:54
Petrol would go up by 96 cents, diesel by 74 cents, paraffin by 73 cents and LPG by R1.54. File photo
Image by: Nicolene Olcker / Gallo Images / Foto24

The price of petrol, diesel, paraffin and liquefied petroleum gas (LPG) will increase next week, the energy department said.

The increase would come into effect on Wednesday.

Petrol would go up by 96 cents, diesel by 74 cents, paraffin by 73 cents and LPG by R1.54.

"The main reason for the fuel price increases is the average increase in the price of crude oil (by about 20 percent) during the period under review compared to the previous period," the department said in a statement.

"The other reason is the depreciation of the rand against the US dollar.|

The slate levy on petrol and diesel would however, remain unchanged at zero percent per litre.

The department said it believed the price of crude oil would stabilise around the current level and no major price shocks were expected in the near future.

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.