Cape Town – The petrol price would probably increase by 8 cents per litre on Friday, Mike Schüssler of economists.co.za told Fin24.

He said although the price could be lowered by 16 cents per litre due to oil prices being down and the rand a little stronger at the moment, taxes of 20 cents – the fuel tax and RAF levy combined – plus about a 4 cents increase in transport costs as announced, will come into effect.
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