Petrol, diesel price to drop
Petrol will decrease by 15c/l while diesel will drop by 30c/l from Wednesday.
JOHANNESBURG - The price of petrol will decrease by 15 cents per litre (c/l) from Wednesday, the Department of Energy confirmed on Friday .
Diesel will drop by 30c/l while illuminating paraffin will fall by 24 c/l.
The department says the price change is linked to a decrease in international crude oil prices and the rand's appreciation against the United States dollar during the period under review.
A reduction of 9c in the slate fuel levy also contributed to the drop, officials confirmed.
Economist Mike Schussler says motorists can expect more fuel price decreases in future.
"This time of the year, we do tend to get some petrol price decreases. We've had lots of decreases between roughly March and August every year. So I suspect we will see one or two more decreases before we see increases again."