Consumers will breathe a sigh of relief at the pumps as the price of petrol is set to decrease by between 23 and 32 cents a litre.
The Department of Mineral Resources and Energy (DMRE) said the price of a litre of 93 (ULP and LRP) will come down by 23 cents while a litre of 95 (ULP and LRP) will cost 32 cents less in Gauteng.
From Wednesday onwards, a litre of 95 ULP in Gauteng, which currently costs R15.18 a litre will now cost R14.86 a litre.
In September, the price of petrol increased by 1 cent.
Meanwhile, both grades of diesel (0.05% Sulphur and 0.005% Sulphur) will decrease by 90 and 93 cents a litre, respectively.
The price of illuminating paraffin (wholesale) will decrease by 76 cents.
The price of illuminating paraffin (SMNRP) will decrease by 101 cents, while the Maximum Retail Price for LPGAS will increase by 20 cents per kilogram.
