Petrol price

Reuters|

30 July 2010 13:47

Petrol price to be cut by 10c

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JOHANNESBURG (Reuters) - South African petrol pump prices will fall by 10 cents a litre or 1.2 percent, from August 4, the government said on Friday.

The department of energy said in a statement the pump price for 95 grade petrol will decrease to 8.17 rand a litre in the main inland commercial region.

The wholesale diesel price will be down by 1.7 percent to 7.38 rand a litre in the same region, which includes Johannesburg and capital Pretoria.

South Africa is a net importer of oil and adjusts its fuel price each month to account for changes in the rand exchange rate, the international oil price and government levies.

 



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