Drivers nationwide can expect some relief on fuel prices yet again as they are set to decrease in the months ahead.
Also read: SA’s estimated fuel prices for September not as low as predicted
Rand appreciation and lower oil prices saw the prices of fuel decrease on 7 September. A further price drop is set not to be R21 per litre according to the SABCNEWS.
Retail prices decreased resulting in both petrol costing R2.4, diesel 46.4 and 56,34 cents, paraffine R1.9, LP gas R1.65 c per kilogram less.
These prices that affect the nation at large are standardised by internationally as they are set by the Organisation of Petroleum Exporting Countries (OPEC).
This impacts the acquisition of fuel from Angola and Nigeria by The Department of Mineral Resources and Energy.
It is the levies, shipping and insurance among other consumer costs that have a direct impact on motorists in the country.
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