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Petrol price drop expected for September

Petrol price drop expected for September

South Africans should expect a drop in the price of petrol in September, according to the Automobile Association.

Commenting on unaudited mid-month fuel price data released by the Central Energy Fund, the AA said that fuel prices are showing slight reductions.

“Fuel prices are showing slight reductions at mid-month, in the midst of a tug-of-war between international oil prices and the Rand/US dollar exchange rate,” the AA said.

Petrol is currently set for a decrease of around nine cents a litre, with diesel coming down by around seven cents, and illuminating paraffin lower by 12 cents.

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Source: MrBroadBand

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