Fuel price cut on the cards in September

A drop in global oil prices is expected to lead to a big fuel price cut next month, despite a weakened rand.

Source Pretoria Rekord

Tuesday, 13 August 2024, 12:44
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Fuel price cut on the cards in September
This trend is setting South Africa up for petrol and diesel price cuts next month.

MOTORING NEWS - Despite global market turmoil weakening the rand this week, motorists can breathe a sigh of relief.

The simultaneous drop in global oil prices is leading to a significant over-recovery in local fuel prices.

This trend is setting South Africa up for petrol and diesel price cuts next month.

Here are the potential fuel price cuts for September:

  • Petrol 93: Decrease of 86 cents per litre
  • Petrol 95: Decrease of 81 cents per litre
  • Illuminating paraffin: Decrease of 101 cents per litre
  • Diesel 0.05% (wholesale): Decrease of 84 cents per litre
  • Diesel 0.005% (wholesale): Decrease of 98 cents per litre

This follows a petrol and diesel price cut last week, with prices coming down by 15 cents and 17–28 cents per litre, respectively.

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Read more about: price cut fuel petrol september driving

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