The exchange rate adjustment accounts for most of the anticipated petrol price decrease. On the other hand, international oil price movements have hurt diesel, contributing significantly to its expected increase. See how much you'll be paying next week:
Getty ImagesNext week's fuel price adjustment is expected to bring a second consecutive month of price decreases for petrol and illuminating paraffin, according to unaudited data from the Central Energy Fund . However, the Automobile Association warns that diesel prices are likely to increase.
In a statement from AA spokesperson Layton Beard, the organisation highlights that the data indicates a decline in the average exchange rate used in the basic fuel price, dropping from approximately R19.50/$ to around R18.80/$ in June.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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