Fuel price increase expected in May

Fuel price increase expected in May

The cost of fuel will increase again on Wednesday. 

Car refuel petrol station
Car being refueled / iStock

Both grades of petrol will cost you 54 cents per litre more.

The price of diesel will increase by up to 1-cent a litre, while illuminating paraffin goes up by 4-cents.  

In a statement, the Energy Department says various international factors such as the increase in oil prices are behind the latest hike.

Layton Beard from the Automobile Association says it is not good news for consumers.

"Certainly, they will feel an immediate impact in terms of how much they will be spending on fuel on a daily basis. Further down the line, these increases will undoubtedly filter into the system and people will be paying more for commodities and goods going forward," he said.

"It really isn't good news at all."


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