Petrol price closes in on record high

27 Sep 2011
Motorists could be paying R10.50 a litre for 95 octane unleaded petrol in Gauteng from Wednesday next week. The sharp drop in the rand in recent weeks has widened the gap between the R10.18 a litre that consumers are paying at the pump and the prices of a basket of global benchmark petroleum products. The average daily underrecovery has been climbing steadily and yesterday it was running at nearly 32c a litre.

http://www.iol.co.za/business/business-news/petrol-price-closes-in-on-record-high-1.1145147