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

Would you pay to see the Internet’s best videos first?

View Results

Loading ... Loading ...

More News

Eskom at a standstill

Eskom torch

Critical decisions are on hold as top bosses battle it out and other employees fear layoffs

How to fix your Wi-Fi

Wi-Fi

More or less every form of modern communication is carried by electromagnetic waves

Eskom workers fired by SMS

Eskom switch

Workers at the Medupi power station in Lephalale, Limpopo are being threatened with disciplinary action through text messages, their trade union said on Friday

Great specials on tech and gadgets

Sale

If you are looking to save money on televisions, laptops, or tablets, you have come to the right place

X

Newsletter Subscription


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


Free MyBroadband Newsletter
Subscribe
X
bool(true)