Fuel hiked again

Friday, April 30, 2010

Pretoria- Motorists, who are still feeling the pinch of the March fuel price increase, should brace themselves for a further price hike next Wednesday.

The Energy Department says motorists will have to fork out an extra 14 cents for a litre of all types of petrol.

The price changes mean that the cost of a litre of 95 ULP petrol in Gauteng will go up from R8.58 to R8.72 and from R8.35 to R8.48 in the coast.

The cost of Diesel 0.05% and Diesel 0.005 will rise by 29.5 cents a litre.

The wholesale price of illuminating paraffin will rise by30 cents and that of the single maximum national retail price for illuminating paraffin will increase by 41 cents a litre.

"During the period under review, the average international product prices of Petrol, Diesel and Illuminating Paraffin increased.

"The average Rand/US Dollar exchange rate strengthened when compared to the previous period. The average Rand/US Dollar exchange rate for the period 31 March 2010 to 29 April 2010 was 7.3749 compared to 7.4753 during the previous period," said the ministry.