SA motorists should see the largest fuel price decrease on record from April 1, when unleaded petrol could see a record drop of about R2 per litre, the Automobile Association (AA) said.
Decreases in fuel prices to these levels were last seen in late 2017 and early 2018.
SA motorists should see the largest fuel price decrease on record from April 1, when unleaded petrol could see a record drop of about R2 per litre, the Automobile Association said. Oil prices have crashed this year due to a price war between Saudi Arabia and Russia, which has more than offset a weaker rand, while demand for oil has also fallen due to the economic disruption caused by the Covid-19 virus.Both grades of diesel are expected to fall about R1.65/l, with illuminating paraffin down R1.98.
These drops do not include a 16c increase in the fuel levy, and a 9c increase in the Road Accident Fund levy.
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