20°C / 22°C
  • Thu
  • 20°C
  • 12°C
  • Fri
  • 22°C
  • 12°C
  • Sat
  • 20°C
  • 13°C
  • Sun
  • 26°C
  • 13°C
  • Mon
  • 27°C
  • 15°C
  • Thu
  • 27°C
  • 16°C
  • Fri
  • 31°C
  • 19°C
  • Sat
  • 26°C
  • 18°C
  • Sun
  • 21°C
  • 16°C
  • Mon
  • 18°C
  • 13°C
  • Fri
  • 24°C
  • 13°C
  • Sat
  • 23°C
  • 15°C
  • Sun
  • 28°C
  • 14°C
  • Mon
  • 30°C
  • 16°C
  • Fri
  • 22°C
  • 11°C
  • Sat
  • 22°C
  • 13°C
  • Sun
  • 26°C
  • 12°C
  • Mon
  • 29°C
  • 15°C
  • Thu
  • 22°C
  • 18°C
  • Fri
  • 24°C
  • 18°C
  • Sat
  • 27°C
  • 20°C
  • Sun
  • 28°C
  • 22°C
  • Mon
  • 27°C
  • 21°C
  • Fri
  • 25°C
  • 19°C
  • Sat
  • 26°C
  • 17°C
  • Sun
  • 22°C
  • 17°C
  • Mon
  • 18°C
  • 13°C
  • Thu
  • 35°C
  • 16°C
  • Fri
  • 36°C
  • 20°C
  • Sat
  • 31°C
  • 16°C
  • Sun
  • 21°C
  • 12°C
  • Mon
  • 15°C
  • 9°C
  • Thu
  • 29°C
  • 17°C
  • Fri
  • 32°C
  • 20°C
  • Sat
  • 27°C
  • 17°C
  • Sun
  • 20°C
  • 14°C
  • Mon
  • 16°C
  • 12°C
  • Fri
  • 24°C
  • 15°C
  • Sat
  • 23°C
  • 15°C
  • Sun
  • 24°C
  • 15°C
  • Mon
  • 28°C
  • 14°C
  • Thu
  • 24°C
  • 11°C
  • Fri
  • 21°C
  • 13°C
  • Sat
  • 24°C
  • 13°C
  • Sun
  • 28°C
  • 15°C
  • Mon
  • 28°C
  • 15°C
  • Thu
  • 24°C
  • 10°C
  • Fri
  • 27°C
  • 10°C
  • Sat
  • 28°C
  • 13°C
  • Sun
  • 32°C
  • 14°C
  • Mon
  • 35°C
  • 15°C
  • Fri
  • 21°C
  • 13°C
  • Sat
  • 24°C
  • 18°C
  • Sun
  • 23°C
  • 17°C
  • Mon
  • 19°C
  • 16°C

AA: Petrol price could drop by over R1

The price of diesel could also drop by as much as 85 cents a litre.

FILE: The price of petrol and diesel look set to drop dramatically in the first week of next month with the price of oil still below $60 a barrel. Picture: EWN

JOHANNESBURG - The price of petrol and diesel is expected to drop sharply in January, the Automobile Association (AA) said on Wednesday.

This as the crude price remain below $60 a barrel.

The AA says despite the rand at record lows against the dollar, fuel prices will definitely plunge.

The oil price has fallen dramatically over the past few weeks with Organisation of the Petroleum Exporting Countries (OPEC) deciding not to increase output.

The AA's Marius Luyt says, "Petrol is set for a drop of up to R1,07 per litre while the decline with diesel is likely to be around 85 cents."

With fuel now set to drop almost R3 over a four-month period, this will be good news on the inflation front.

Business confidence also up for November.

The major downside to the economy at the moment appears to be weak rand and power supply issues.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus