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THE SMART NEWS SOURCE | Feb 10 2010 00:47 | LAST UPDATED Feb 10 2010 00:47 |
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The retail price of all grades of petrol will rise by 45 cents a litre on Wednesday next week, the Department of Minerals and Energy said on Friday. This follows an increase of 61 cents a litre last month, after decreases of 134 and 161 cents in the prior two months. The wholesale price of diesel with a 0,05% sulphur content will decrease by 38 cents a litre. Diesel with a 0,005% sulphur content will also decrease by 38 cents a litre. The wholesale price of illuminating paraffin will decrease by 26 cents a litre and the single maximum national retail price for illuminating paraffin will decrease by 34 cents a litre. -- Sapa, I-Net Bridge Petrol in Gauteng now costs 707 cents a litre from 662 cents before, and it is now 683 cents at the coast from 638 cents before. During the period under review, the average international product prices of petrol increased while diesel and illuminating paraffin decreased. The average rand/dollar exchange rate weakened when compared to the previous period. The average rand/dollar exchange rate for the period January 30 2009 to February 26 2009 was 10,0602 compared to 9,9332 during the previous period.  CONTINUES BELOW TOPICS IN THIS ARTICLE
Comments
As I said Trevor Manuel is no more than a school teacher, saying we are not in a recession. Food prices have risen 16% since petrol dropped and now he want's to raise it again by 45c. I am dumbfounded that I seem to be the only one can see this pure idioticracy. We will Be in a full blowen recession by the end of March. ANC you just burnt your ship before the election, people vote on their stomach's and hunger so I hope you loose to below 50% of Parliment.
Justin Stephenson on February 27, 2009, 1:44 pm
The price of crude oil is going down but our petrol price is going up? This can only be an ANC financial decision. Why not cut all those useless levies that we are saddled with?
Chris Nell on February 27, 2009, 11:57 pm
I am not surprised any more by any of the ANC's decisions. It is obvious the only thing that drives them is greed. Hopefully come election time people will remember this. While crude price goes down, our fuel prices go up! "Well done Manuel" I am now convinced you are a COPE Trojan horse. Vote DA!
Selby Ndondo on March 4, 2009, 11:38 am
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