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Moneyweb reports that motorists who drive petrol-powered vehicles got some relief at the pumps from Wednesday, as the price of petrol decreased by 28 cents per litre. However, this reprieve did not extend to diesel users, who saw a notable increase in fuel costs.
The price adjustments took effect at midnight on Tuesday. According to a statement issued by the Department of Mineral and Petroleum Resources on Tuesday, the wholesale price of diesel with 0.05% sulphur content rose by 65 cents per litre, while diesel with 0.005% sulphur rose by 63 cents per litre. Both 93ULP and 95ULP petrol saw a 28-cent per litre decrease in price. The cost of illuminating paraffin increased 32 cents per litre.
The department attributed the decrease in petrol prices to a drop in the average international price, which tracked a slight downward movement in crude oil prices during the review period. On the other hand, diesel and paraffin prices increased due to constrained global supply.
- Read the full original of the report in the above regard at Moneyweb
- Read too, Petrol price relief from Wednesday, but diesel hiked, at News24 (subscription / trial registration required)
- And also, Here is the official petrol price for August, at BusinessTech
Get other news reports at the SA LabourNews home page