Motorists can expect a drop in fuel prices from Wednesday. Calculations indicate that 93-octane petrol may fall by about 33 cents per litre and 95-octane petrol by approximately 49 cents. Diesel is expected to become cheaper by between R1,58 and R1,68 per litre.
The latest forecast is based on the Central Energy Fund (CEF) calculations and relates to international oil prices, the rand/dollar exchange rate, and the government's temporary reduction of the general fuel levy. The levy on petrol has been reduced by R1,50 per litre and that on diesel by R3 per litre.
The amounts are preliminary forecasts. The Department of Mineral and Petroleum Resources must still officially confirm the final prices.
Sources: Central Energy Fund, Department of Mineral and Petroleum Resources, Business Day, Stuff
This article is an automatic English translation of a Nuusflits article originally published in Afrikaans. Read the Afrikaans original.
