The Department of Energy on Monday confirmed the petrol price for January 2021 – and it’s not looking good for motorists coming back from the festive season break.
According to the Department on Wednesday, the price of petrol is set to increase by between 40 and 43 cents a litre.
South Africa’s fuel prices are adjusted on a monthly basis.
Petrol price January 2021
In a statement, the Department of Mineral Resources and Energy (DMRE) said:
- 93 (ULP and LRP) will go up by 43 cents,
- 95 (ULP and LRP) will increase by 40 cents.
From Wednesday onwards, a litre of 95 ULP in Gauteng, which currently costs R14.46, will increase to R14.86 a litre.
Meanwhile, diesel (0.05% Sulphur) will increase by 55 cents a litre, while the price of diesel (0.005% Sulphur) will increase by 54 cents a litre.
The price of illuminating paraffin (wholesale) will increase by 55 cents.
The price of illuminating paraffin (SMNRP) will increase by 74 cents, while the Maximum Retail Price for LPGAS will decrease by 44 cents per kilogram.
The DMRE said the average international product prices for petrol, diesel and illuminating paraffin increased during the period under review.