Good news for motorists as petrol price is set to drop

The Automobile Association is predicting a massive drop in the price of petrol and diesel just in time for the festive season. Courtesy #DStv403

JOHANNESBURG - Some Christmas cheer may be on the cards at the pumps.

The Automobile Association is forecasting a massive drop in fuel prices next month.

READ: Record petrol price hike

Based on current data, the A-A  is expecting a litre of petrol to drop by as much as R1,54.

Diesel should cost at least 92 cents less, while illuminating paraffin should decline by 85 cents.

The likely drop is being driven by falling global oil prices and a modest improvement in the rand-dollar exchange rate.


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