Economist Dawie Roodt says cheaper oil doesn’t necessarily mean a cheaper petrol price.
The price for 93 octane petrol is set to increase by two cents a litre
The petrol price will decrease by 67 cents per litre while diesel will decrease by around 25 cents.
Economists say that it’s likely the price of fuel will remain stable for the rest of the year.
The price decrease will come into effect from 3 September.
An economist fears consumer's pockets won’t ease with recent increases in fuel, electricity & food.