Fuel price to drop on Wednesday
Motorists are in for a relief this month as the petrol price is set to decrease by between 24 and 22 cents on Wednesday.
The Department of Energy on Saturday announced that petrol prices would come down, with a litre of 95 ULP and LRP set to drop by 24 cents a litre.
Motorists who paid R13.54 for litre of 95 ULP in March will now pay R13.30 for litre of 95 ULP.
The price for a litre of 93 ULP and LRP will drop by 22 cents a litre, while that of Diesel 0.05 per cent Sulphur will drop by 10.50 cents a litre. The price of Diesel 0.005 per cent Sulphur will also drop by 10.50 cents a litre, while the wholesale price for Illuminating Paraffin will drop by 48.50 cents.
Infographic: The price of petrol from 1986 to 2016
The Single Maximum National Retail Price (SMNRP) for Illuminating Paraffin will see a 65 cents a litre decrease.
Meanwhile, the maximum Retail Price for LPGas will decrease by 101 cents.
The department said the average international product prices of Petrol, Diesel and Illuminating Paraffin decreased during the period under review.
