Petrol price to increase 80c/l - AA
The AA has warned motorists to brace themselves for a petrol hike of around 80 cents a litre.
JOHANNESBURG – Motorists should brace themselves for a petrol price hike of around 80 cents a litre (c/l), The Automobile Association (AA) warned on Tuesday.
The association’s Gary Ronald said diesel will increase by around 60c/l.
"International demand has pushed the price of (Brent) crude to about $115-116 a barrel".
Ronald said the strike at Lonmin’s Marikana mine also put pressure on the rand.
The September increase could see the petrol price return to the R12 per litre.
The Department of Energy is expected to make a formal announcement next week.
(Edited by Thato Motaung)