Petrol price hike: 84 cents per litre

The price of unleaded 95 petrol will increase by 84 cents a litre on July 3, the energy department said on Friday.

By - June 28, 2013
Petrol nozzle in hand

The price of unleaded 95 petrol will increase by 84 cents a litre on July 3, the energy department said on Friday.

The price of unleaded 93 petrol would increase by 84 cents a litre, and that of diesel with 0.05 percent sulphur by 78.2 cents a litre.

Diesel containing 0.005 percent sulphur would increase by 78.2 cents a litre.

The maximum retail price for liquid petroleum gas would go up 129 cents a kilogram.

The affect of the crude oil price on the basic fuel price had been minimal, because the Brent crude oil price increased on average by US1 (about R10) a barrel during the current fuel price review period (May 31 to June 27), the department said.

However, the rand had sharply weakened against the US dollar, contributing to an increase in the basic fuel price of at least 57 cents a litre.

“The weaker rand is mainly attributed to the slowdown in the economic growth in emerging markets and the expected slump in the demand of commodities,” the department said.

The rand’s vulnerability was also due to negative sentiment, emanating from anticipated labour disputes and strikes.

More tech news

Sony Xperia C dual-SIM 5-inch smartphone for R3000

SA Supercomputer Champs: how they did it

Apple asked for help in Pistorius murder case

Highest tech CEO salaries in SA

Forum discussion

Shutterstock is the image partner of MyBroadband – more technology images

Join the conversation

Connect with Us

androidappletwitterfacebookgoogleplusfeednewsletter

Poll

Do you think the salaries CEOs in South Africa are too high?

View Results

Loading ... Loading ...

More News

Prasa’s head “engineer” charged with fraud

Prasa rail train

Prasa’s head of engineering services Daniel Mthimkhulu appeared in the Johannesburg Magistrate’s court on Wednesday on a charge of fraud.

Slow ADSL speeds: what you can do about it

ADSL Modem

If your ADSL link is synchronising at lower speeds than it should or dropping intermittently, this is what you should look at.

Naspers must pay for its role in apartheid

Naspers on demand

A support group for victims of apartheid on Tuesday called on Media24 and Naspers to create a fund for victims of gross human rights violations after the media company apologised for its role in apartheid on Saturday.

Eskom load shedding hits SA food production

Eskom Logo

Load shedding is having a severe financial impact on South African food production, according to an expert at energy efficiency firm Energy Partners.

X

Newsletter Subscription


Name
Email *
Enter the following to confirm your subscription *
Captcha image


Free MyBroadband Newsletter
Subscribe
X