FILL UP: Fuel prices are rising…again
Expect to be paying up to 44 cents more as of Wednesday, July 1.
The price of fuel is set to rise yet again.
The following increases will be in effect as of Wednesday, July 1:
Liquefied petroleum gas will increase by 100 cents per kilogram.
Both grades of Diesel will increase by 4 cents a litre.
Illuminating paraffin (SMNRP) will increase by 8 cents a litre.
Illuminating paraffin (wholesale) will increase by 6 cents a litre.
Petrol (93 ULP and LRP) will increase by 44 cents a litre.
Petrol (95 ULP and LRP) will increase by 41 cents a litre.
Liquefied Petroleum Gas (LPG) will increase by 56 cents a kilogram.
According to Department of Energy, the increase in the prices of all the petroleum products was due mainly to the weakening of the Rand against the US Dollar during the period under review. The Rand lost approximately 40 cents against the US Dollar since the end of May 2015, as a result of negative sentiment on emerging markets globally.
International prices for petrol increased on average, while the prices for diesel and Illuminating paraffin decreased. The increase in the international prices of petrol was mainly due to strong demand for petrol in Europe and to pre-Ramadan buying in the Asian market.
The department urged all motorists to continue implementing fuel efficiency measures, such as using public transport and utilising lift clubs whenever possible to ensure they save fuel.
