Petrol price relief

South Africa

There's welcome relief for motorists this Workers' Day.
Fuel prices were slashed at midnight, following a series of hikes.
Petrol will cost 73 cents less per litre, while the diesel price has decreased by 55 cents.
The price adjustment means motorists on the coast will pay just over 12-rand a litre to top up their tanks, while those in Gauteng will fork out around 12-rand-50.
The price cut is largely thanks to lower oil prices.
But economists say the rand's volatility means it's difficult to predict if there'll be more relief at the pumps in the near future.
 

 

-eNCA

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