BUSINESS NEWS

Diesel decrease as petrol and paraffin goes up!

petrol station
Up and up again. Petrol and paraffin to increase midnight but diesel set to go down.

The price of diesel‚ however‚ will decrease by between one and two cents a litre.

Illuminating paraffin will also decrease by 9c/l and liquefied petroleum gas (LPG) by 5c/l.

The department said the strengthening of the rand against the US dollar during the review period had cushioned a 40c/l increase in the price of international petroleum products by more than 25c/l.

“The prices of petrol increased more significantly than the prices of diesel due to higher demand for petrol in USA and Europe as they move towards their summer season‚” it said.

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