Unaudited data from the Central Energy Fund indicates significant decreases in the price of diesel and illuminating paraffin and nominal decreases in the prices of petrol in April.
The AA says expected decreases are good news for consumers, especially considering that mid-month data was indicating possible increases to petrol prices. Stock photo.Unaudited data from the Central Energy Fund indicates significant decreases in the price of diesel and illuminating paraffin and nominal decreases in the prices of petrol in April.
The Automobile Association said the expected decreases are good news for consumers, especially considering that mid-month data indicated possible increases in petrol prices.while the decrease 93 ULP is given as just under 4c/while illuminating paraffin is set to fall by R1.39/“The main driver behind the decreases is lower international product prices, while the higher average rand/dollar exchange rate is counterbalancing these gains.
However, the data only reflects the basic fuel price and other factors such as zone differential costs and adjustments to the slate levy may still be made by the department of mineral resources & energy and energy. If these are made, they will affect fuel prices, but this will only be known once the official adjustment is announced.
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