BusinessLive reports that according to the Automobile Association (AA), motorists can expect more fuel price decreases in July.
Unaudited mid-month fuel data from the Central Energy Fund (CEF) indicates that unleaded (ULP) 93 petrol will show the biggest decrease when fuel prices are adjusted on 3 July. But the AA says this may change before the official monthly adjustment by the Department of Mineral Resources & Energy at the end of the month. Based on current data, ULP95 is showing a decrease of about R1.10c/l, while ULP93 is indicating a decrease of about R1.15c/l. Diesel is edging towards a decrease of 55c/l and illuminating paraffin a drop of about 45c/l. “The trajectory indicates that all fuels will be cheaper in July,” the AA noted. But, the decreases will not result in the prices of fuel dropping to levels seen at the beginning of the year. At the beginning of June the prices of all grades of fuel decreased significantly, with the retail price of 93 and 95 unleaded down by R1.24/l. The wholesale price of high-sulphur 0.05% diesel dropped by R1.18/l, with low-sulphur 0.005% reducing by R1.09/l.
- Read the full original of the report in the above regard at BusinessLive
- Lees ook, Nóg verligting by brandstofpompe verwag, by Maroela Media
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