Petrol price to drop, diesel to increase
The petrol price will decrease by 5c/l while diesel will rise between 13c/l & 15c/l.
JOHANNESBURG - Department of Minerals and Energy has announced a 5c/l decrease in the price of all grades of petrol.
The price of diesel will go up by almost 15c/l.
Paraffin will cost consumers 33c/l more.
The new prices are expected to come into effect from next Wednesday.
The department says the changes are due to a weakening exchange rate between the US dollar and the Rand.
The petrol price was largely expected by economists to decrease, with the average prediction being 6c/l.
Earlier this month, the petrol price rose by 32c/l.