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PETROLEUM Motorists face steep price hike

March 4 2013 at 08:00am
By SAPA

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The retail price of all grades of petrol would be increased by 81c a litre from Wednesday, the Energy Department said on Friday. All grades of diesel would increase by 58.38c a litre at wholesale level. The wholesale price of illuminating paraffin would go up by 57c a litre, and the single maximum national retail price would rise by 76c a litre. The maximum retail price for liquid petroleum gas would go up by R1.18 a kilogram. The department said that during the period under review, the average international product prices of petrol, diesel and illuminating paraffin had went up. The average rand/dollar exchange rate had weakened when compared with the previous period. – Sapa


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