Petrol prices set to drop in November

File: Some festive cheer for motorists, but not all will be smiling at the pumps. (eNCA)

JOHANNESBURG - Motorists can expect a healthy cut in the fuel price next week.

This is due to the sharp slump in the oil price and gains in the rand/dollar exchange rate.

READ: Are oil prices over the worst of the crisis?

The Automobile Association expects the petrol price to fall by as much as 27 cents a litre, with diesel lower by around 11 cents.

The petrol price was cut by up to 32c at the beginning of October.

New prices kick in on Wednesday next week.

Source
eNCA