Friday, September 30, 2011

Fuel increase next week Wednesday

Lusanda Bill
30 September 2011


Struggling consumers are facing huge fuel price increases next week.

On Wednesday, the cost of 93-octane petrol will rise by 37-cents a litre, with 95-octane going up by 36-cents a litre.

Diesel prices will rise by 35-cents a litre, paraffin by 30-cents and LP gas by no less than 62-cents a kilogram.

The weaker Rand caused the increases, as it cancelled the decrease in the cost of crude oil. In addition, the margin on all grades of petrol will increase by four-cents a litre.

The Energy Department says the hike is necessary to cater for wage increases of nine-percent this year for service station industry staff.

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