Petrol price increases by 81 cents a litre in February

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Just after President Cyril Ramaphosa eased up a few regulations on 1 February 2021, we have come to learn that consumers will be paying 81 cents more on petrol per litre this week. The Department of Mineral Resources and Energy (DMRE) announced in a statement the increments for both 93 (ULP and LRP) and 95 (ULP and LRP) will be 81 cents more per litre.

In Gauteng, consumers on Wednesday will be paying R15.67 from R14.86. This is the second fuel price increase in 2021.

Diesel on the other hand, will only increase by 58 cents a litre (0.05% Sulphur) and 0.005% Sulphur of diesel will increase by 59 cents a litre.

Illuminating paraffin (wholesale) will increase by 59 cents whereas the price of illuminating paraffin (SMNRP) will increase by 78 cents, furthermore, the Maximum Retail Price for LPGAS will decrease by 193 cents per kilogram.

In a statement, DMRE said, “This led to higher contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by more than 5 cents a litre,”



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