Petrol Price in DEC

Expect a massive petrol price drop in December. The AA has stated that motorists can expect a “massive petrol price reduction” in December.

The price drop could be tempered by adjustments in the retail and wholesale margin, however, and “the possible continued use of the Slate Levy”, it added.

It stated motorists can expect the following price adjustments:

  • Petrol price dropping by R1.85 per litre.
  • Diesel price dropping by R1.40 per litre.
  • Illuminating paraffin dropping by R1.28.

“With these expected drops, the fuel prices will return to levels last seen around the middle of 2018,” said the AA.

Massive Decreases in Petrol Price in Dec

“These massive decreases stem from a combination of substantial retreats in international petroleum prices and a slightly firmer rand, which has trended stronger against the US dollar since its most recent peak in early-September at close R15.50 to the greenback.”

It further warned that the Slate Levy may affect prices, though.

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