Petrol Price to drop on Wednesday
A drop in the fuel price on Wednesday can take you a few kilometers further this Festive season.
South Africans can look forward to lower fuel prices for December.
The price of all grades of petrol will drop by 20 cents a litre from Wednesday, 7 December.
The Automobile Association (AA), commenting on unaudited month-end fuel price data released by the Central Energy Fund in November.
“The Rand slumped sharply against the US dollar in the wake of Donald Trump’s election as the next US president, but has regained some of its losses since then,” the AA said.
“Over the same period, international petroleum prices enjoyed a brief rally before heading lower. As a result, the likely decline in the fuel price will be similar to what was indicated in mid-November.”
Petrol was set set to drop by around 41 cents a litre, diesel by 38 cents and illuminating paraffin by 36 cents.
The price of all grades of petrol will drop by 20 cents a litre from Wednesday, 7 December.
The price of diesel (0.05 percent sulfur) will go down by 32 cents per litre and diesel (0.005 percent sulphur) by 31 cents per litre, according to the Energy Department.
The maximum retail price for LPGas would drop by 17 cents per kilogram.
It may only be a few cents, put a few drops extra can take you a little bit further this holiday season.
