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Petrol price likely to go up, diesel price down
NEWSWATCH: According to the Automobile Association (AA), the price of petrol is likely to go up and that of diesel down in February, after commenting on unaudited month-end fuel price data released by the Central Energy Fund.
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"International oil prices have reached a slightly higher plateau after climbing in the first half of January," the AA says.
The current picture shows petrol increasing by around 8c/l, while diesel is set to drop by 3c/l and illuminating paraffin by 9c/l. The difference in the price changes relates mainly to the differences in the international product prices of diesel and petrol. This would push the price of a litre of 95 Unleaded petrol to R13.50 at the coast and R14.09 in Gauteng, with 93 Unleaded rising to R13.87 in the latter region.
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