Petrol price to go up for May

The Department of Energy announced a petrol price increase of 54 cents a litre for 93 and 95 unleaded for the month of May on Sunday.

Diesel has a one cent per
litre increase, while illuminating
paraffin sees a three cents per litre increase.

In a statement the Department of Energy said the
international factors amounted to about 54.00c/l on petrol and 1.00c/l on
diesel and 3.00 cents per litre.

“The
settling of contagion risks from emerging markets  provided a foundation
for the rand’s strengthening trend. This decreased the contribution on the Basic Fuel Price of petrol,
diesel and illuminating paraffin by about 13.00c/l,” the statement said.