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South African petrol prices to increase from next week

By on January 30, 2012

The Department of Energy announced that the retail price of all grades of petrol is set to increase by 34 cents per litre by Wednesday the 1 of February.

The average international product prices of diesel, petrol and illuminating paraffin have increased the department announced.

The increase of price appears even though the average rand/dollar exchange rate has strengthened to R8.0841/$, which can be compared to the prior value of 8.2122/$.

In Gauteng the price for Petrol 95 ULP will now be R10.95/litre, which is an increase with R0.34/litre.

(Source: fin24)

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