Petrol price to drop about 70c a litre on Wednesday
Relief for drivers at the pumps amid softer crude prices despite a fall in the value of the rand
Mineral resources & energy minister Gwede Mantashe has announced a petrol price decrease, which takes effect from Wednesday. This follows two months of price increases.
The price for 93 octane fuel will decrease by 71c/l and that of 95 octane by 68c. Diesel (with a 0.05% sulphur content) will fall by 67.80c/l and 0.005% sulphur by 69.80c/l. The wholesale price of illuminating paraffin will drop by 71c/l and the maximum price for liquid petroleum gas will fall by 70c/kg...