Petrol price set to increase yet again in November
Softer international petrol prices have been offset by a declining rand since the start of October
Sad news for Ladysmith motorists is that the petrol price is set to increase once again next month (November).
Diesel (0.05% Wholesale Inland) and petrol (95 ULP Inland) prices could increase by 21 cents per litre and one cent per litre respectively.
This increase could lift the wholesale diesel price to R12.33 per litre from R12.12 per litre in October.
Also read: Update: Petrol price to increase this coming Wednesday
At the same time, the retail price of petrol could increase to R14.02 per litre from the current level of R14.01 per litre.
Softer international petrol prices have been offset by a declining rand since the start of October, while diesel and illuminating paraffin prices were slightly up, leaving them with no protection against rand weakness, said the Automobile Association (AA).
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