Petrol is going down … by one cent

As South Africans head to the polls for the local government elections this week, motorists face a brutal blow at the pumps, with petrol prices set to increase from Wednesday.

The petrol price hike is expected to put further pressure on households already under strain and may prompt motorists with petrol-guzzling cars to consider more fuel-efficient or electric vehicles.

The Department of Mineral Resources and Energy (DMRE) announced that both 93-octane and 95-octane petrol will decrease by 1 cent per litre.

The price of diesel with 0.05% (500ppm) sulphur will decrease by R1.09 per litre, while 0.005% (50ppm) sulphur will go down by R1.19 per litre.

Meanwhile, illuminating paraffin will cost R2.75 more per litre, and LP gas will increase by R1.83 per kilogramme countrywide and by R2.08 per kg in the Western Cape.

When the fuel price adjustment kicks in, 93 unleaded petrol will cost R29.88 per litre, while 95 unleaded petrol will be R0 per litre.

The wholesale price of 0.05% (500ppm) diesel will increase to R0 per litre, and 0.005% (50ppm) will cost R0 per litre.

DMRE spokesperson Lerato Ntsoko stated that several factors, including international petroleum product prices and the rand-dollar (United States dollar) exchange rate, contributed to the increase in petrol and diesel prices.

Ntsoko said the average Brent Crude oil price

Ntsoko said the cumulative slate amounted to a

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