Local newsNews
Petrol price set to drop on Wednesday
Motorists are in for a relief this month as the petrol price is set to decrease on Wednesday.
![](https://images.caxton.co.za/wp-content/uploads/sites/45/2017/06/Petrol-Prices.jpg)
The price decreases are as follows:
- Petrol (95 Octane, ULP and LRP): 25 cents per litre (c/l);
- Petrol (93 Octane, ULP and LRP): 25 c/l;
- Diesel (0.05% sulphur): 23 c/l;
- Diesel (0.005% sulphur): 23 c/l;
- Illuminating Paraffin [IP] (wholesale): 22 c/l;
- SMNRP [Single Maximum National Retail Price] for IP: 30 c/l, and
- Maximum LPGas Retail Price: 77 c/kg.
South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors.
International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including shipping costs.