Hefty diesel price cut expected

File: A petrol attendant filling a car. AFP/Simon Maina

JOHANNESBURG - Diesel users may be in for a sizeable price cut next week.

That could mean more affordable holiday travel in December.

Estimates from the Central Energy Fund show that diesel prices could come down by as much as R1.28 a litre.

READ: Petrol price increase of at least 97c/l expected for December

But prospects are not as good for petrol drivers, who could be paying 55 cents more per litre.

Oil prices have been dropping throughout the month and the rand has strengthened against the dollar.

These are the two main factors feeding into the fuel price.

Source
eNCA

Paid Content