The price of petrol will drop by 27 cents per litre next Wednesday.

The price of petrol will drop by 27 cents per litre next Wednesday.

The Department of Minerals and Energy said the wholesale price of diesel with a 0,3 per cent sulphur content will go down by 40c per litre, and that of diesel with 0,05 per cent sulphur by 44c per litre.

The wholesale price of illuminating paraffin is to be reduced by

32c per litre.

The department has also lowered the single maximum national retail price for paraffin by 41c per litre. This price is the maximum at which the commodity may be sold to consumers. The new ceiling price is R2,67.