Fuel price to rise as millions return to work
Millions of South Africans returning to work in June have been hit by a hefty petrol price hike.
This will be the first fuel price increase since the start of the national Covid-19 lockdown.
Department of Energy and Mineral Resources spokesperson Robert Maake says consumers will now pay R1.18 a litre more for both grades of petrol from Wednesday.
“Diesel will increase by 22c/l, paraffin at retail level will increase by 54c/l and LPGas will increase by R1.98/kg.”
South Africa’s fuel prices are depended on the oil price and the strength of the rand.
“The main reason for these increases is the average increase of crude oil which led to increases in these petroleum products,” Maake says.
“We have seen that the rand appreciated slightly against the dollar during the period under review.”
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