Petrol to cost 11 cents more from July sixth


The Department of Energy has confirmed that petrol will be 11 cents per litre more expensive from this coming Wednesday April 6th.

Diesel will go up by between 41 and cents a litre while illuminating paraffin will be 43 cents a litre dearer. The price of Liquefied Petroleum Gas (LPG) will go down up by 12 cent per kilogram.

In a statement, the department attributes the latest increase to the Rand strengthening against the US Dollar from May 27th to June 30th, as well as supply disruptions in Canada, Nigeria, Venezuela, Libya and Iraq.

A short while ago, the national currency was trading at R14.53 against the Dollar with Brent Crude Oil coming in at $50.21 a barrel.