Possible petrol price relief ahead

FILE. According to the Automobile Association the petrol price could decrease next month. Photo: ENCA/Tshepo Lesole

There could be some relief for motorists at the pumps next month, according to the Automobile Association.

It says the petrol price could decrease by between 47 cents and 49c a litre.

Diesel could go down by about 70c, while illuminating paraffin could drop by 68c a litre.

A fall in international oil prices has boosted local imports of fuel despite the rand’s weakness against the dollar.

The AA says in the near future, the petrol price could be heavily dependent on the exchange rate. 

It's comments stem from unaudited data which was released by the Central Energy Fund this week.


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