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February fuel price decrease

A much-welcome relief for motorists is on the cards.

South African motorists will pay less for petrol and diesel from Wednesday, February 4, a much-welcomed relief, The Citizen reports.

According to the publication, The Department of Mineral Resources and Energy (DMRE) announced that both the price of 93-octane and 95-octane petrol will decrease by 65c per litre.

The price of diesel (0.05% sulphur) decreases by 50c per litre, while diesel with 0.005% sulphur goes down by 57c per litre.

ALSO READ: Big petrol and diesel price cuts from Wednesday – here’s how much you’ll pay

Illuminating paraffin will cost 53c less per litre, while the price of LP gas increases by 31c/kg.

How much will fuel cost you?

When the fuel price adjustment kicks in, a litre of 93 unleaded petrol will cost R19.99, while 95 unleaded will be R19.27.

The wholesale price of 0.05% (500 PPM) diesel will decrease to R17.91 per litre, and 0.005% (50 PPM) will cost R17.95 per litre.

DMRE spokesperson Robert Maake said that several factors, including international petroleum product prices and the rand-US dollar exchange rate, contributed to the decrease prices.

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