Relief at the fuel pumps: Petrol price dips back below R25/litre in November

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Relief at the fuel pumps: Petrol price dips back below R25/litre in November
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It might not be the much-hoped-for R2/litre drop, but motorists are still in for a decent cut in fuel prices from Wednesday, 1 November.

The Department of Mineral Resources and Energy has announced a significant drop in the price of fuel for the month of November. Photo: iStock

The last time South African motorists were given a break from the ever-rising cost of petrol was way back in July. Diesel has seen cumulative hikes of R5.71 since June.announced the official petrol, diesel and paraffin price changes for November: Petrol prices will be cut by R1.78 per litre, and diesel is set to decrease by between 82 and 85 cents a litre.The department’s spokesperson, Robert Maake, cited the price of Brent Crude oil as the main contributor to the fuel price decreases.

The rand depreciated slightly on average against the dollar during the period under review when compared to the previous one.

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