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Relief as Petrol Price Set to Drop in February

February 05, 2018

 

Faizel Patel, Radio Islam News – 05-02-2018

Motorists can expect some relief at the pumps after the Energy Department announced that the price of all grades of petrol will decrease by 30 cents per litre.

Diesel is expected to drop by 17 cents, illuminating paraffin by 19 cents while LP Gas will be 23 cents cheaper.

The department says the main reasons for the fuel price adjustments were due to the contribution of the rand/US dollar exchange rate.

“The rand appreciated in January, on average, against the dollar, which led to a lower contribution to the basic fuels price.”

The prices will come into effect from midnight on Tuesday.

 

Twitter: @FaizelPatel143

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