TAKE NOTE: Petrol price hike expected this December
Motorists planning trips this December, be warned - fuel prices are expected to go up again.
Sharp movements in international petroleum prices have combined with a weakening Rand to push fuel prices higher for December.
This is according to the Automobile Association (AA), commenting on unaudited month-end fuel price data released by the Central Energy Fund (CEF).
“Oil has continued the strong run we have seen throughout November and the trend remains upwards.”
Illuminating paraffin is expected to rise by around 76 cents a litre, diesel by 64 cents, and petrol by 72 cents.
“There is always the temptation to spend more on non-essential items during the holiday period, but we advise motorists to be prudent and keep a cushion against higher motoring costs in the new year.”
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