Petrol price unchanged
The retail price of petrol in South Africa will remain unchanged at R14.33 rand a litre from next Wednesday, the Department of Energy said on Friday.
The price of wholesale diesel will dip by 0.4%, from R12.90 (0.05%) to R12,84.
This news should come as relief to some motorists who were expecting a large jump in the price.
On Thursday (31 July), the Automobile Association warned that the petrol price could rise by 26 cents per litre.
“There has been a slow, but steady uptick in the Rand/US dollar exchange rate since the start of July,” it said as rationale for its view.
“Over the same period, international petroleum prices have come off their mid-June highs, but not enough to offset the under-recovery in the petrol price.”
More on the petrol price
Big petrol price hike for SA motorists
Petrol price relief for SA motorists
More petrol pain for consumersPetrol price to hit R16 a litre?
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