Petrol price to increase by 22 cents ahead of festive travel_1

The price of petrol for both 93 and 95 grade will increase by 22 cents per litre on Wednesday, according to an announcement from the department of energy.

The inland price of 95 unleaded petrol will therefore rise to R16.30 per litre. The coastal price of 95 unleaded will be R15.66 per litre.

Diesel with 0.05% sulphur content will fall by 14.95 cents per litre. Diesel with sulphur content will fall by 15.95 cents a litre making the inland price of diesel R14.53 per litre and R13.99 at the coast.

The wholesale price of illuminating paraffin will decrease by 17.95 cents per litre. The maximum retail price for LPGAS will increase by 102 cents per kg.

Economic factors that had an impact on the the petrol price included an average increase in the international product prices for petrol in November.

The rand strengthened against the US dollar during November.

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