AA predicts fuel price drop

"The current data was indicating a drop of between 26 and 30 cents per litre for petrol, and between 20 and 22 cents per litre for diesel," the AA said in a statement.

The more favourable rand exchange rate and stable international petroleum prices could result in a fuel price drop in June, the Automobile Association of SA (AA) said on Friday.

"The current data was indicating a drop of between 26 and 30 cents per litre for petrol, and between 20 and 22 cents per litre for diesel," the AA said in a statement.

"We obviously hope that the current trends will continue so that the reductions will be bigger by the end of May. Motorists have had a tough time lately and could do with a break."

The AA said the price of illuminating paraffin could drop by 14 cents a litre.

On May 7, the price of all grades of petrol dropped by 15 cents a litre, diesel decreased by 29.78 cents a litre, illuminating paraffin by 25 cents, and LP gas by four cents.

 

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.