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South Africa

South Africa’s Automobile Association forecasts notable reductions in fuel prices come June

todayMay 16, 2024 4

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South Africa’s Automobile Association forecasts notable reductions in fuel prices come June. According to preliminary data from the country’s Central Energy Fund, it’s anticipated that 95-octane petrol will decrease by approximately 61 cents per liter, while 93-octane petrol will see a drop of around 63 cents. Diesel prices are expected to dip by about 74 cents per liter. The association attributes these potential decreases primarily to a stronger rand and reduced international oil prices.

Written by: Leonard Witbeen

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