Department warns of fuel price hike

Published Mar 2, 2015

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THE PRICE

of petrol, diesel, paraffin and liquefied petroleum gas (LPG) would increase next week, the Energy Department said on Friday. The increase would come into effect on Wednesday. Petrol would go up by 96 cents, diesel by 74c, paraffin by 73c and LPG by R1.54. “The main reason for the fuel price increases is the average increase in the price of crude oil (by about 20 percent) during the period under review compared with the previous period,” the department said. “The other reason is the depreciation of the rand against the US dollar

. – Sapa

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