Picture: BUSINESS DAY
Picture: BUSINESS DAY

THE Department of Energy has issued a mixed basket of fuel-price adjustments that come into effect on Wednesday, January 6 2016.

The retail price of 95 octane unleaded and lead-replacement petrol will drop by 3c a litre, while 93 octane petrol will remain unchanged. The wholesale price of diesel, however, will drop substantially.

Diesel with a 0.005% sulphur content will drop 78c a litre and diesel with 0.05% sulphur will cost 76c a litre less.

The single maximum retail price for illuminating paraffin decreases by 84c a litre, while the wholesale price goes down 63c a litre.

The department said yesterday that the main reasons for the fuel price adjustments were the weakening of the rand against the dollar despite the drop in the prices of all petroleum products during the period under review.

Meanwhile, Energy Minister Tina Joemat-Pettersson has approved the adjustments to some of the pricing elements of the maximum retail price structure of liquid petroleum gas (LPG). The maximum retail margin of LPG will increase by 50.0c/kg with effect from January 6 2016.