Fuel price relief for motorists this November

Consumers are encouraged to redirect savings from their fuel bill to savings or tackling expensive debt.

Trips to the fuel station for both petrol and diesel users promise to be more pleasant as prices are set to become cheaper from Wednesday.

The wholesale price of illuminating paraffin will decline by 97 cents, while the single maximum national retail price for illuminating paraffin will decrease by R1.30 per litre. LP Gas will increase by R1.49 per kilogram.

Mano added that fears of a wider geopolitical conflict brewing in the Middle East have introduced some volatility to the market, with oil prices leaning closer to the $90 per barrel mark. Despite this uncertainty, she says FNB believes motorists may continue paying less at the fuel pumps, but this will depend a lot on political stability in international markets.

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Moneyweb /  🏆 5. in ZA

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