Relief expected for fuel prices in November

SOUTH AFRICA – Earlier this month, the Department of Minerals and Energy announced the fuel price increase for the month of October. The price of petrol increased by R1.08c and R1.14c per/litre, while the price of diesel increased by between R1.96 c per litre and R1.93 c per litre. The price of illuminating paraffin went up by between R1.51c per litre and R2.2c per litre. The price of LP gas also went up by R2.50c per kg.

AA spokesperson Layton Beard said the current data is indicating that ULP95 is set to decrease by around R1.97/litre and R1.92/l for ULP93. Diesel, which has been on an upward trajectory for the past couple of months, is set for a decrease of around 78c/litre. Beard says the unaudited data is also pointing to a decrease in the cost of illuminating paraffin of around 74c/l.

“These significant decreases will come at a very critical time for South Africans who have had to dig deeper into their pockets to fill up their vehicles and food trolleys with the previous cycles of fuel increases,” he said.