Motorists to dig deeper as petrol price increases

An employee pumps petrol into a vehicle at a petrol station. AFP/Federico Parra

JOHANNESBURG - Yet another fuel hike confirmed from midnight.

The Energy Department says the price of petrol will be increased by over 80 cents a litre.

The department says a weaker rand and higher oil prices are chiefly behind the hikes.

READ: Steep petrol price hike expected

Diesel is set to go up by 58 cents a litre and paraffin will be hiked by 59 cents.

February's inland petrol price will be R15.67 a litre.

In May last year, 95 octane reached a low of R12.22 after the oil price crashed due to the coronavirus pandemic.

Source
eNCA

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