Image: IOL
Gwede Mantashe, the Minister of Mineral Resources and Energy, has stated that there will be a petrol price hike of R1.71 per litre, citing current local and global factors as the basis for the increase.
The cost of diesel will rise by R2.76 cents.
“The following fuel prices will be effective on Wednesday, the sixth of September – both grades of petrol will increase by R1.71 cents per litre. Diesel will increase by R2.76 cents and R2.84 cents per litre at wholesale level,” said the department’s Robert Maake.
Maake explained that one of the factors behind the adjustment in petrol prices was the international increase in crude oil prices.
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