The petrol price could drop between 18 and 22c a litre‚ the Automobile Association (AA) said on Thursday.
But‚ the AA warned‚ don’t get too hopeful of future price reductions.
“Sustained declines in international oil prices since mid-month will bring some relief at the pumps‚” said an AA statement‚ adding that this is based “on unaudited fuel price data released at month-end by the Central Energy Fund”.
It said the reduction in diesel prices “is likely to be muted‚ with the data indicating a drop of between 8 and 9c a litre”.
Illuminating paraffin is expected to drop by only 3c.
“However‚ volatility in both oil prices and the exchange rate continues to be evident‚ and we advise motorists not to take future price reductions for granted‚” the AA said.
Petrol to drop by at least 18c
The petrol price could drop between 18 and 22c a litre‚ the Automobile Association (AA) said on Thursday.
But‚ the AA warned‚ don’t get too hopeful of future price reductions.
“Sustained declines in international oil prices since mid-month will bring some relief at the pumps‚” said an AA statement‚ adding that this is based “on unaudited fuel price data released at month-end by the Central Energy Fund”.
It said the reduction in diesel prices “is likely to be muted‚ with the data indicating a drop of between 8 and 9c a litre”.
Illuminating paraffin is expected to drop by only 3c.
“However‚ volatility in both oil prices and the exchange rate continues to be evident‚ and we advise motorists not to take future price reductions for granted‚” the AA said.
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