Circle City Info

A SLIGHT BREAK FOR MOTORISTS: AA PREDICTS FUEL PRICE DROP NEXT MONTH

The association said current data released by the central energy fund shows the prospect of a 32 cents a litre drop in the price of diesel and 27 cents less for illuminating paraffin.

JOHANNESBURG – The Automobile Association (AA) is predicting a fuel price drop next month.

The association on Thursday said current data released by the Central Energy Fund showed the prospect of a 32 cents a litre drop in the price of diesel and 27 cents less for illuminating paraffin.

Spokesperson Layton Beard said: “The main driver of the decreases is the international petroleum prices over the last couple of weeks and the rand that is strengthening against the US dollar. These two outcomes are giving us a better outcome than we’ve had in the previous month and this is something that we as the AA are happy about. Petrol hasn’t fared as well, with a slight increase of six cents a litre predicted.”

There is still hope though: “However, the exchange rate’s performance is coming very close to nudging petrol into a decline, and if the current trends continue, there may be across-the-board relief from the recent series of price hikes at month-end,” the AA said.

This could be a much-welcomed development as SA motorists are still reeling from a record increase on this month’s fuel prices due to levies, which has pushed the cost of 95 Octane fuel past R17 a litre.

Sluit aan vir ons Welkom City Stad Facebook Bladsy Nuusbrief.

Subscribe to Welkom City Stad Facebook Page Newsletter.

Kry die jongste Goudveld nuus en inligting van Welkom City Stad Facebook Bladsy per epos.

Receive the latest Goldfields news and updates from Welkom City Stad Facebook Page.


Nou Praat Jy - Leave your Comments

Follow Us

Recent Posts

Pure Natural Oxygen
Website Design and Digital Solutions
Take-Aways.co.za
Disinfecting Services Goldfields Welkom
error: Content is protected !!