Guiding consumers since 2009

Fuel price announcement a mixed bag for consumers

By Staff Writer

Wednesday 2 December will see some commuters enjoying a drop in their fuel prices, while others experience an increase. According to the fuel price adjustment for December, released by the Department of Energy, the price of diesel and LPGAS will decrease from Wednesday, while petrol and illuminating paraffin will increase.
 
The price adjustments are as follows:
  • Petrol 95 and 93 (ULP and LRP) will be increasing by one cent per litre (retail price).
  • Diesel 0.05% sulphur will be decreasing by 3.8 cents per litre, while diesel 0.005% sulphur will be decreasing by 1.8 cents per litre (both wholesale price).
  • Illuminating paraffin wholesale price will be increasing by 0.20 cents, while the single maximum national retail price (SMNRP) will be increasing by one cent.
  • The maximum retail price for LPGAS will decrease by four cents per kilogram.
 
As with the price adjustments in previous months, the Department revealed that “the main reasons for these fuel price adjustments are the weakening of the Rand against the US Dollar despite the drop in the prices of all petroleum products during the period under review.”

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