Business

Tough times persists for motorists

Estimated reading time: 4 minute(s)

Photo: Google

Tough times still remain for motorists as petrol price remains way above R 15.00p\l as it once was around this time last year.

The Department of Mineral Resources and Energy (DMRE) has announced that the price of petrol (both 93 ULP & LRP) will come down by 71 cents a litre while the price of petrol (both 95 ULP & LRP) will come down by 68 cents a litre.

As of Wednesday, litre of 95 ULP – which currently costs R20.29 in Gauteng – will cost R19.61p\l.

While the price of diesel (0.05% sulphur) will decrease by 67.80 cents a litre as the price of diesel (0.005% sulphur) goes down by 69.80 cents a litre.

A wholesale price of illuminating paraffin will decrease by 71 cents per litre.

The price of illuminating paraffin (SMNRP) will come down by 95 cents, while the Maximum Retail Price for LPGAS will decrease by 70 cents per kilogram.

In a statement released by DMR they said that the average international product prices for petrol, diesel and illuminating paraffin decreased during the period under review.

“The Rand depreciated against the US dollar during the period under review, on average, when compared to the previous period,” said the department.

Also Read  Motorists set to dig deep in pockets as fuel price set to increase
Copy link
Powered by Social Snap