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PETROL PRICE WON'T INCREASE IN NOVEMBER!

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File photo.
File photo.

THE price of petrol will not increase in November.

The Department of Energy says the price of Both Grades of Petrol 93 and 95 will be unchanged, however Diesel (0.05% sulphur) will increase by 47.92 cents per litre, and diesel (0.005% sulphur) will increase by 50.92 cents per litre.

According to the department, illuminating paraffin will increase by 28 cents per litre and Maximum LP Gas will increase by 61.00 cents per kilogram.

“The Rand appreciated against the US Dollar during the period under review, on average, when compared to the previous period.

The average Rand/US Dollar exchange rate for the period 28 September 2018 to 01 November 2018 was 14.4892 compared to 14.7899 during the previous period.

This led to a lower contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin by 16.94 c/l, 18.73 c/l and 18.66 c/l respectively,” the Department of Energy said in a statement.

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