Fuel price rollercoaster!⛽️💸 Petrol prices set to decrease by 17-25 cents a litre, bringing relief to motorists. But brace yourselves for the diesel hike 📉😱 PetrolPrice FuelPrice CostOfLivingCrisis Read the story⬇️
“The increase to diesel, though, means input costs in, among other sectors, the agricultural and manufacturing sectors, are also likely to increase which may result in higher prices for consumers.”Earlier this month, it was forecasted that petrol would rise by between four and 13 cents and diesel by seven.
As it stands though, the price of 93 unleaded will cost R22.10 a litre inland and 95 unleaded R21.70 at the coast and R22.43 inland. A litre of diesel will cost as much as R21.57.is only expected next week, though expectations are little will change from the AA’s prediction. In a statement earlier in June, the Central Energy Fund said that an over recovery had been identified on the back of the rand bouncing back to under R19 against the greenback and oil prices dropping to less than $70 a barrel.
By midday on Friday , the national currency was trading at R18.85 against the dollar with Brent Crude Oil sitting at $74.34 a barrel,
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