Another huge petrol increase will fuel motorists’ fears
Will you fill up before midnight on Wednesday?
Motorists should brace themselves for another whopping hike in the petrol price on Wednesday.
Despite next Wednesday’s fuel price increase being only 49 cents per litre, instead of the previously predicted 92 cents, it will still take fuel prices into record numbers.
The 93 octane unleaded petrol price will increase from R14.32 to R14.72 per litre inland, which is 23 cents more than the previous record high of R14.19 a litre, reached in December.
The Automobile Association (AA) has clarified their previous 92 cents estimate, saying it was the result of unaudited month-end fuel price data by the Central Energy Fund, based on the figures provided up to April 25.
The department of energy, however, had used figures going only until April 24, which resulted in the lower increase.
The increase will see both grades of petrol – 93 and 95 – increase by 49 cents; diesel (0.05% sulphur) will see a 59 cents per litre increase, while the 0.005% sulphur goes up by 58 cents. The price of illuminating paraffin goes up by 52 cents per litre; and the maximum retail price of liquefied petroleum gas sees a 70 cents per kilogram increase.
