Site icon Talk of the Town

Petrol and diesel price increase on Wednesday

The price of fuel is set to increase from Wednesday.
Image: Eric Gaillard/Reuters

Filling up will be more expensive from Wednesday, the department of minerals and energy has announced.

Petrol will increase by R0.05 and diesel by R0.45.

The department said the adjustments of fuel prices were informed by international and local factors.

“International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including importation costs, eg. shipping costs,” said the department.

According to the department, the hike is linked to the dollar/rand exchange rate and an increase in the price of crude oil.

Fuel prices will from Wednesday be adjusted as follows:

The department added that a fuel price schedule for the different zones would be published on Tuesday.

BY NOMAHLUBI JORDAAN

Exit mobile version