Motorists Face More Relief As Early Data Predicts Fuel Price Drop for November

South African motorists stand to benefit from a decrease in the fuel price as the Central Energy Fund's early data predicted a sixth consecutive drop in November.

Motorists are in for a sixth consecutive month of relief at the pump station amid a projected fuel price cut. Image: @Newzroom405's early data predicted another petrol price decrease in November amid a trend seen over the last several months.However, it depends on market conditions staying consistent throughout October. The catch? A favourable rand's performance against the dollar.Persistent fighting in the Middle East has further contributed to the rising increase in the price of oil.

Again, due to the early data, despite these factors, motorists can expect an 83-cent decrease for a litre of petrol 93 octane. 95 users could benefit from an 80-cent reduction. The Department of Petroleum and Mineral Resources has yet to confirm the data later this month.Tshepiso Mametela is a seasoned journalist with eight years of experience writing for online and print publications. He is an evening/weekend editor at Briefly News.

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