South Africans will be paying more for petrol and diesel effective tomorrow, Wednesday, 6th April 2022, despite a reduction in tax components on the commodity.
Petrol (95) will sell at R21.96 ($1.51) while diesel (0.05%) will sell at R21.01 ($1.45) tomorrow.
Currently, petrol (93) is sold at R21.35 per litre, while diesel (0.05) is sold at R19.49 per litre.
Also, petrol (95) is sold at 21.60, while diesel (0.005) is sold at R13.19.
A statement issued by the Minister for Mineral Resources and Energy, Gwede Mantashe, announced the adjustments in fuel prices effective tomorrow.
According to him, petrol (both 93 ULP and LRP) will go up 28 cents per litre while petrol (both 95 ULP and LRP) will also go up by 36 cents per litre.
Additionally, diesel (0.05% sulphur) will go up by 152.56 per litre while diesel (0.005% sulphur) will go up by 168.56 cents per litre.
Also, illuminating paraffin (wholesale) will go up by 266.00 cents while the single maximum national retail price for LPG will go up by 355 cents per kilogramme.
Last week, Finance Minister, Enoch Godongwana, announced an R1.50 per litre reduction on fuel from April to the end of May.
The move was to provide some form of relief to consumers who are feeling the biting effects of rising fuel prices amidst the conflict between Russia and Ukraine.
Source: https://energynewsafrica.com