Petrol 'to drop'

A 'big drop' in the petrol price is expected in September, T-Sec economist Mike Schüssler said yesterday. "I see petrol dropping around R1 a litre - or even more," Schüssler said. He expected diesel to drop by R1,45 a litre. However, even if the decrease in the petrol price was as large as expected in September, petrol would still be up 38percent compared with a year ago, he said. - Sapa

A 'big drop' in the petrol price is expected in September, T-Sec economist Mike Schüssler said yesterday. "I see petrol dropping around R1 a litre - or even more," Schüssler said. He expected diesel to drop by R1,45 a litre. However, even if the decrease in the petrol price was as large as expected in September, petrol would still be up 38percent compared with a year ago, he said. - Sapa

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