Some Relief for South African Motorists in April as Fuel Prices Drop: SouthAfrica
This after the Department of Mineral Resources and Energy released the updated prices for fuel, gas and paraffin for the month of April.95 Petrol is expected to increase by two cents per litreWholesale illuminating paraffin will decrease by R1.24The Maximum LP Gas Retail Price will decrease by 92c
"The average international product prices of petrol decreased following the lower brent crude oil prices during the period under review. The movement in product prices has led to a lower contribution to the Basic Fuel Price of petrol 93 Octane by 40c per litre and 95 Octane by 39c per litre, diesel 500 ppm by R1.16 per litre and 50ppm by R1.17 per litre as well as illuminating paraffin by R1.77 per litre.
"The Rand depreciated, on average, against the US Dollar from 17.74 to 18.03 Rand per USD during the period under review when compared to the previous one. This led to higher contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by 37c, 39c and 38c per litre, respectively," the DMRE said.
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