The price of petrol will drop slightly, but diesel and illuminating paraffin will increase as of midnight on Tuesday.
The Department of Energy said that 93 octane and lead replacement petrol will drop by four cents a litre and 95 octane will drop by 14 cents a litre.
However, the wholesale price of both grades of diesel will increase by nine cents and the wholesale price of illuminating paraffin will increase by five cents a litre.
The Department of Energy said that the Minister of Mineral Resources and Energy had approved a retail margin increase of 5.6 c/l to be effected in the retail price structures of all octane grades of petrol from 1 January 2020.
African News Agency (ANA)
