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Petrol to go up by 81 cents a litre

The retail price of all grades of petrol will increase by 81 cents a litre from Wednesday, the energy department said on Friday.

Both diesel with 0.05 and 0.005 percent sulphur content would go up by 58.3 cents a litre wholesale.

The wholesale price of illuminating paraffin would go up by 57 cents a litre, and the Single Maximum National Retail Price (SMNRP) would rise by 76 cents a litre.

The maximum retail price for LP gas would go up by R1.18 a kilogram.

The department said that during the period under review the average international product prices of petrol, diesel, and illuminating paraffin had increased.

The average rand/US dollar exchange rate had weakened when compared to the previous period, and this had increased the contribution to the basic fuels price on petrol, diesel, and illuminating paraffin.

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