PRETORIA, June 3 (ANA) – The price of both grades of petrol will drop by 25c/l with effect from midnight on Tuesday, the energy department said.
The wholesale price of both grades of diesel would drop by 23c/l, the department said in a statement on Saturday.
The wholesale price of illuminating paraffin would drop by 22c/l and the single maximum national retail price (SMNRP) by 30c/l. The maximum retail price of LPGas would drop by 77c/kg.
The decrease in fuel prices was due to the average international product prices of petrol, diesel, and illuminating paraffin dropping during the period under review – April 26 to June 1. The rand had also appreciated against the US dollar during this period, on average, when compared to the previous period, the department said.
– African News Agency (ANA)
