Fuel prices pushed by weaker rand


3 October 2011

The retail price of petrol will rise by between 36 and 37 cents a litre on Wednesday, the Department of Energy said on Friday.

A litre of 95 ULP (unleaded) petrol in Gauteng would now cost R10.54.

The retail price of petrol 93 ULP and LRP (lead replacement petrol) would increase by 37 cents a litre.

Petrol 95 ULP and LRP would rise by 36 cents a litre.

The price of diesel with a 0.05 percent sulphur content would increase by 35 cents a litre. That of diesel with a 0.005 percent sulphur content would climb by 37 cents a litre.

The wholesale price of illuminating paraffin would increase by 30 cents a litre.

The single maximum national retail price for illuminating paraffin would go up by 40 cents a litre.

Despite the lower average international oil price over the review period, a deteriorating rand/ dollar exchange rate meant prices would be increased, the department said.