Fuel prices expected to drop on Wednesday - SABC News - Breaking news, special reports, world, business,

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Fuel prices expected to drop on Wednesday - SABC News - Breaking news, special reports, world, business,
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Petrol prices are set to decrease by R1.78 per litre.

Petrol prices are set to decrease by R1,78 per litre while diesel will go down by up to 85 cents per litre.

Department of Energy spokesperson Robert Maake says this is due to the lower prices of oil which lead to the decrease in prices of petroleum products during the period under review. Maake breakdowns the latest fuel adjustments: “The following fuel prices will be effective on Wednesday 1 November – both grades of petrol will decrease by R1.78 cents a litre; diesel will decrease by 82 and 85 cents a litre; illuminating paraffin will decrease by R1.30 cents at retail level and LP gas will increase by R1.49 cents per kilogram.”

“This late levy increases by 21.92 cents per litre in the price structures of petrol and diesel. There’s also higher demand for gas due to the winter season in the northern hemisphere,” adds Maake. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

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