Johannesburg - The retail price of all grades of petrol will decrease by 45c a litre on Wednesday November 4 the department of minerals and energy announced on Friday.
Diesel prices will also decrease, with 0.05% sulphur falling by 24 cents and 0.005% by 21c.
Wholesale paraffin decreases by 39c and illuminating paraffin by 52c.
Petrol in Gauteng now costs 896c a litre from 941c before and it is now 872c at the coast from 917c before.
During the period under review, the average international product prices of petrol, diesel and illuminating paraffin decreased. The average rand/US dollar exchange rate weakened when compared to the previous period. The average rand/US Dollar exchange rate for the period September 26 2008 to October 30 2008 was R9.5901 compared with R8.0182 during the previous period.
- I-Net Bridge
Diesel prices will also decrease, with 0.05% sulphur falling by 24 cents and 0.005% by 21c.
Wholesale paraffin decreases by 39c and illuminating paraffin by 52c.
Petrol in Gauteng now costs 896c a litre from 941c before and it is now 872c at the coast from 917c before.
During the period under review, the average international product prices of petrol, diesel and illuminating paraffin decreased. The average rand/US dollar exchange rate weakened when compared to the previous period. The average rand/US Dollar exchange rate for the period September 26 2008 to October 30 2008 was R9.5901 compared with R8.0182 during the previous period.
- I-Net Bridge