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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

What goes down will go up

5 December 2016 By Alan Straton

Motorists will breathe a sigh of relief as the price of petrol is set to decrease next Wednesday.

Petrol price will drop by 20 cents, diesel by 32 cents while paraffin will decrease by 28 cents.

According to the Department of Energy, the main reasons for the fuel price adjustments are due to the contribution of the Rand/US Dollar exchange rate.

The Rand appreciated slightly against the US Dollar from R13.96 to R13.91 during the period under review when compared to the previous one.

There was also a decrease in the prices of crude oil during the period under review. – SAnews.gov.za

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.
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Filed Under: Business Tagged With: diesel, petrol

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