S.Africa's petrol pump price to fall in November

by Reuters 3 views0

S.Africa's petrol pump price to fall in November

The retail price of petrol in South Africa will decrease by 1.75 percent from Nov. 4, while wholesale diesel will decrease 0.8 percent, the energy department said on Saturday.

In a statement, the department said petrol would cost 12.39 rand ($0.9) per litre in the commercial hub of Gauteng province, while diesel would be 10.84 rand.

The government adjusts the price of fuel every month, factoring in global oil prices and the rand exchange rate.