Petrol price set to decrease by R1.78

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The Real Reform for ECD ’s Right to Nutrition Campaign set…Cash-strapped motorists will breathe a sigh of relief at the pumps on Wednesday as the price of petrol is set to come down by R1.78 a litre.

“The average international product prices of petrol, diesel, illuminating paraffin followed the decreasing trend of crude oil while LPGas increased due to higher prices of propane and butane during the period under review. These led to lower contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by 207.06 c/l, 115.15 c/l and 105.18 c/l, respectively,” said the Minister on Monday.

On the Rand/US Dollar exchange rate, the department said the the Rand depreciated slightly on average, against the US Dollar during the period under review when compared to the previous one.

 

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