No petrol price hike in November

05 November 2018 - 15:15
By Sunita Menon
The prices of diesel would increase by 48c a litre and illuminating paraffin 28c a litre.
Image: ERIC GAILLARD/REUTERS The prices of diesel would increase by 48c a litre and illuminating paraffin 28c a litre.

South African drivers will feel the relief of a respite in petrol price increases in November.

The petrol price will remain unchanged on Wednesday, the department of energy announced on Monday, dashing hopes of a slight price decrease of about 16c forecast by the Automobile Association.

The South African retail price of petrol and wholesale price of diesel is set every month by the department of energy's Central Energy Fund (CEF).

The CEF said the prices of diesel would increase by 48c a litre and illuminating paraffin 28c a litre, respectively, also on Wednesday.

- BusinessLIVE