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Shipping & Transport news

Petrol price to drop

3 Dec 2012 14:58
The retail price of all grades of petrol will drop by nine cents a litre from Wednesday, 5 December 2012, the Department of Energy announced on Friday, 30 November.
Diesel with 0.05% sulphur will decrease by 5c/l, while diesel with 0.005% sulphur will drop by 6c/l.

The wholesale price of illuminating paraffin will see a decrease of 4 c/l, and the Single Maximum National Retail Price (SMNRP) for illuminating paraffin will go down 5c/l.

The Maximum Retail Price for LPGas will decrease by 35c/kg.

The department said the decreases mainly emanated from a decrease in the price differentials between crude oil and refined petroleum products, lower international product prices and a weaker rand/dollar exchange rate.

During the current fuel price review period, the international product prices of petrol, diesel and illuminating paraffin, on average, decreased by 38.6c/l, 37.2c/l and 29.0c/l respectively.

This is also due to the average Rand/ dollar exchange rate which deteriorated by almost 14.0 South African cents during the current fuel price review.


SOURCE

SAnews.gov.za
SAnews.gov.za is a South African government news service, published by the Government Communication and Information System (GCIS). SAnews.gov.za (formerly BuaNews) was established to provide quick and easy access to articles and feature stories aimed at keeping the public informed about the implementation of government mandates.
Go to: http://www.sanews.gov.za
    
 
neil naidu
I filled at a randburg Sasol this morning and the price was still R12.10. I got robbed!
Also when I multiplied my litres filled (according to slip) by the incorrect petrol price my cents came to .68 BUT the garage charged me .80. They rounded up twice. I got robbed again!
Posted on 5 Dec 2012 07:44
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