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Fuel price to increase on Wednesday

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THE Department of Mineral Resources and Energy has published the official fuel price adjustments for February 2023.

As projected in the last week, petrol and diesel prices will be going up in February, increasing by 28 cents and between 1 cent and 9 cents per litre, respectively.

The changes will come into effect from Wednesday, 1 February 2023.

FuelPrice change
Petrol 93increase of 28 cents per litre
Petrol 95increase of 28 cents per litre
Diesel 0.05%increase of 9 cents per litre
Diesel 0.005%increase of 1 cent per litre
Illuminating Paraffin (wholesale)increase of 58 cents per litre
LPGASincrease of 140 cents per kilogram

The department said the main factors contributing to the increases include higher prices for Brent crude oil, which increased to $85.08.

Furthermore, international prices for petroleum products and the strengthening of the rand against the US dollar also played a role.

“The movement in international refined petroleum

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