Consumers could be paying between 56c and 59c less for petrol – with about 11c mainly attributed to the gains in the rand, according to the Automobile Association of SA.
Diesel and paraffin are expected to increase by 7c and 10c a litre respectively.
The expected price drop is largely due to the rand firming slightly against the US dollar and continued weakness in oil prices.
The drop will effectively ease financial pressures brought on by rising food prices and higher interest rates.
“The rand has recouped some of its losses against the dollar and traded in a fairly narrow band since the end of January,” the AA said in a statement.
