The price of petrol is set to come down by nine cents a litre on Wednesday, the Department of Mineral Resources and Energy (DMRE) has announced.
The price of 95 (ULP and LRP) and 93 (ULP and LRP) will decrease by 9 cents a litre.
This means that a litre of 95 ULP in Gauteng, which currently costs R17.32 a litre, will cost R17.23 a litre.
Meanwhile, diesel (0.05% Sulphur) will decrease by 31 cents a litre, while the price of diesel (0.005% Sulphur) will decrease by 30 cents a litre.
The price of illuminating paraffin (wholesale) will decrease by 23 cents.
The price of illuminating paraffin (SMNRP) will drop 30 cents, while the Maximum Retail Price for LPGAS will decrease by 172 cents per kilogram.
“The average international product prices for petrol and illuminating paraffin increased whilst diesel decreased during the period under review,” said the DMRE.
It added that the rand had, on average, appreciated against the US dollar during the period under review.
In a statement on Friday, the Automobile Association, which had predicted a drop in petrol prices, said the drop would aid those who used paraffin for lighting.