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Site Logo Sign in Subscribe Add location < NEWS24 TOP NEWS COMPANIES ECONOMY MARKETS OPINION INVESTING PERSONAL FINANCE ENTREPRENEUR TECHNOLOGY CLIMATE FUTURE Petrol, diesel price cuts confirmed for Wednesday 10h ago Accreditation Comments Comments Add bookmark Whatsapp Facebook Twitter Email 0:00 Play article SUBSCRIBERS CAN LISTEN TO THIS ARTICLE Getty Images For more financial news, go to the News24 Business front page. The price of both grades of unleaded petrol (93 and 95) will be lowered by R1.78 a litre on Wednesday, while diesel wholesale prices will be cut by between 82c and 85c depending on the sulphur content. The maximum national retail price of paraffin will fall by R1.30 a litre, but the maximum retail price for LPGAS will be hiked by R1.49 a kilogram. The average international prices for petrol and diesel decreased during the period under review, the Department of Mineral Resources and Energy said in a statement on Monday. Global crude oil inventories rose because of increased production from non-OPEC producers, while the lifting of sanctions on Venezuela by the US created a "positive outlook" on supply, the department said.
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Petrol, diesel price cuts confirmed for Wednesday
10h ago
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Getty Images
For more financial news, go to the News24 Business front page.
The price of both grades of unleaded petrol (93 and 95) will be lowered by R1.78 a litre on Wednesday, while diesel wholesale prices will be cut by between 82c and 85c depending on the sulphur content.
The maximum national retail price of paraffin will fall by R1.30 a litre, but the maximum retail price for LPGAS will be hiked by R1.49 a kilogram.
The average international prices for petrol and diesel decreased during the period under review, the Department of Mineral Resources and Energy said in a statement on Monday.
Global crude oil inventories rose because of increased production from non-OPEC producers, while the lifting of sanctions on Venezuela by the US created a "positive outlook" on supply, the department said.
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