MBOMBELA – Consumers will need to fork out even more in the face of another fuel price hike. This is despite the higher food prices caused by domestic draught.
The Department of Energy announced on Monday that the price of petrol 95 and 93 octane will increase by 12 cents a litre from Wednesday.
The department’s spokeswoman, Ms Lerato Ntsoko, explained that South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors.
From Wednesday the cost of a litre of 93 unleaded petrol inland will be R12.44/l and R12.06/l at the coast. For 95 unleaded, motorists will fork out R12.74/l and R12.26/l at the reef and coast respectively.
The good news for motorists with diesel cars is that the price of a litre will decrease by one cent. According to Ntsoko, the prices of petrol increased more significantly than the prices of diesel as a result of higher demand for petrol in the US and Europe as the continents move towards their summer season.
The hike adds to the 88c/l and 86c/l increase respectively for petrol 95 (both ULP & LRP) and 93 (both ULP & LRP) in April.
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