South Africa increases petrol pump price by 3%

0
112
A customer fills the tank of her car at a fuel station in Sint Pieters Leeuw, Belgium December 5, 2014.   REUTERS/Yves Herman
A customer fills the tank of her car at a fuel station in Sint Pieters Leeuw, Belgium December 5, 2014. REUTERS/Yves Herman

JOHANNESBURG (Reuters) – The retail price of petrol in South Africa will increase by 3 percent from July 1, while wholesale diesel will edge up 0.3 percent, the energy department said on Friday.

In a statement, the department said petrol would cost 13.77 rand ($1.13) in the commercial hub of Gauteng province, while diesel would be 11.71 rand.

The government adjusts the price of fuel every month, factoring in global oil prices and the rand exchange rate.

 

Your comment