Get ready for a huge hike in petrol, diesel prices

Boksburg Advertiser: Consumers will be hit hard come this Wednesday following the announcement that the pump price of petrol will rise by 52 cents a litre (c/l) for all grades, while diesel will increase by 76c/l.

This is according to the Department of Energy.

The main reasons for the spike are the continued upward march of international petroleum prices and the weakening rand/US dollar exchange rate.

Last month, petrol 95 (both ULP and LRP) went up by 88c/l and 93 (both ULP and LRP) increased by 86c/l.

With the latest increases, one can now pay R13.26 for 95 petrol and R12.96 for 93.

The sale price of illuminating paraffin will increase by 62c/l, while the single maximum national retail price will increase by 83c/l.

The maximum retail price of LP gas will also go up by 98 cents per kilogram.

Read the full story here: boksburgadvertiser.co.za

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