Petrol prices rise again

Written by Midweek. Posted in Regular

Klerksdorp Midweek, Klerksdorp - Motorists are set for another financial blow this week, as the national base petrol price will increase on Wednesday 7 August

The Central Energy Fund announced the petrol price for a litre of 93 and 95 grades will increase by 11 cents from midnight on Wednesday.

Diesel however will drop by a little over 13 cents (for 0.05% sulphur) and 14 cents (0.005% sulphur) for each variant.

Although the rand was stronger against the US dollar during the period of review, global oil prices were much higher.

And considering the rand’s current position against the dollar, at R14.88, another petrol price increase for September is looming.