People who use illuminating paraffin for heat and light are facing a steep price hike from midnight tonight. The Energy Department has announced big jumps in fuel prices on the back of steep increases in oil prices. Illuminating paraffin goes up by a massive R2.85; petrol price by as much as R1.72 and diesel by up to R1.73.
The Automobile Association (AA) is predicting a significant petrol price increase of R1, 73 a litre from Wednesday, July 1st.
The Automobile Association (AA) says June will bring a mixed outlook for the fuel price.
The fuel price is set for another record decrease from the sixth of May. The latest fuel price adjustments have been announced by Mineral Resources Minister, Gwede Mantashe.
The fuel price has dropped by almost R2 per litre from midnight, although the nationwide lockdown means most motorists will not benefit from this immediately.
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