Paraffin
Fuel price decrease brings a bit of relief to struggling SA motorists
On Wednesday, both grades of petrol decreased by R1.32 a litre, diesel went down by between R0.88 and R0.91 a litre while paraffin will cost R1.44 less.
According to AA, current unaudited mid-month data from the Central Energy Fund shows “95ULP petrol down by around 90c/l, 93ULP down by around R1.07/l" and the wholesale price of diesel "decreasing by around 91c/l".
With a decision now taken on the fuel levy, the energy department has announced that the price of petrol 95 unleaded will rise by R2.33 a litre from midnight.
The Department of Energy has announced the fuel price increases for the month of July.
The association is forecasting petrol drop of between 14 and 17 cents a litre with diesel set to fall by approximately 20 cents a litre.
Economic instability has pushed fuel prices into drastic retreat, leading to some good news for South Africans who are preparing to enter into a lockdown extension.
Diesel is expected to decrease by 15 cents and illuminating paraffin will cost 24 cents less at the pumps.
The Department of Energy said diesel would go up by 26 cents a litre, while both grades of petrol will be going up by 11 cents a litre.
The prices of diesel and paraffin are also set to increase by 63c/litre and up to 76c/litre respectively.
The national maximum retail price for is set at R9,75 p/l, however, it’s allegedly being sold for up to R25.
The Energy department says technical problems at oil refineries are to blame for the shortages.
Last week the Energy Department announced the price of petrol is going up by as much as 47 cents a litre.
Petrol will decrease by 15c/l while diesel will drop by 30c/l from Wednesday.
The petrol price will decrease by 5c/l while diesel will rise between 13c/l & 15c/l.
Government is warning the current weakness of the rand will be felt in the July adjustment.
The Department of Energy has announced increases in the prices of petrol, diesel and paraffin.
The price of petrol will decrease by 85 and 89 cents a litre next week.