Fuel Price: A little bit of good news, but don’t get too excited
Diesel and illuminating paraffin prices will most likely increase.
According to the Automobile Association (AA) there might be slight relief for some motorists at the fuel pumps on Wednesday, 7 November.
It is expected that the price of petrol will drop by about 16c per litre but that both diesel and illuminating paraffin will climb by about 30c per litre.
The drop in the petrol price can be attributed to a slight fall in international crude oil prices and the relative stability of the rand/ dollar exchange. But the AA has warned that motorists should not get too excited too soon, since 2018 has been a ‘stormy’ year economically, and the economy remains fragile.
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