Petrol prices will rise by more than R1 on Wendsday

FEATURED General

Fuel prices are expected to rise on Wednesday due to a weaker rand and the higher price of Brent crude oil.

 

This according to the AA report,  the current unaudited fuel data from the Central Energy Fund showed increases in fuel prices were likely in March.

 

“According to the data, 93 ULP and 95 ULP petrol are expected to climb by between R1.22/litre and R1.27/l, diesel is expected to increase by around 28 cents a litre and illuminating paraffin is expected to be 16c/l more expensive in the new month.”

 

AA also stated that, based on these numbers, a litre of 95 ULP inland would climb from its current level of R21.68/l to R22.90/l, while the price at the coast would increase from around R21.03/l to R22.25/l.