Petrol and diesel prices to drop on Wednesday: Energy department announces cuts to most fuel prices in first week of January, but LP gas to rise.
and the retail price by R2.58The reductions are the result of a stronger rand and a decrease in the Brent oil price.
The department said the average price of Brent oil fell from $88.77 a barrel to $85.08 over December and theThe Automobile Association said the cuts would help ease the fuel price burden on motorists returning from the holidays and consumers heading into the new year. “These decreases will not take fuel prices to levels seen in January 2022, but will go a long way to alleviating the fuel price burden — and its associated impact on other prices — felt by millions of South Africans.”
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