Petrol price to go up in June

The petrol price will rise by 47 cents a litre in June, the Energy Department announced on Friday.

The price of diesel will rise by between 46 and 49 cents per litre from Wednesday 3 June, and illuminating paraffin will cost 56 cents more per litre.

The energy department noted that the rand strengthened against the US Dollar, on average, when compared to the previous period.

The petrol price was unchanged in May, while the cost of diesel, illuminating paraffin, and liquid petroleum gas declined following a run of record breaking increases in recent months.

The current inland price of 95 octane petrol is at R12.83 a litre.

In January motorists experienced some relief when prices dropped by R1.23 a litre for 95 octane petrol and R1.27/litre for 93 octane petrol. This was due to the weakening of the rand/dollar exchange rate offset by a drop in international oil prices.

In February the retail prices of both grades of petrol dropped by 93 cents/litre and the maximum retail price for LPG tumbled a massive R1.50/kg.

In March petrol went up by 96 cents/litre, while diesel rose by 74 cents and paraffin by 73 cents. The increase came after a drop in fuel prices as the global oil price plummeted.

Fuel prices increased by a record R1.62 a litre in April.

More on petrol in SA

Petrol price unchanged, diesel decrease for May

Petrol price decrease coming: AA

Huge petrol price hike for April

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Petrol price to go up in June