The news ALL South African motorists have been waiting for!
We have some good news to make your Monday a lot brighter. Thanks to the more favourable exchange rate and stable international petroleum prices we will see another significant drop in petrol and diesel prices on this coming Wednesday. So, you may want to wait two days before you fill up your tank!
This news comes after an announcement by the department of energy on Friday, the petrol price will decrease by 69 cents a litre and the diesel price is set to fall by about 54 cents a litre at the same time.
“The main contributing factor to the fuel price decreases is the continual drop in the crude oil prices, which fell to about $80 (R883) per barrel, during the period under review (31 October 2014 to 27 November 2014),” a department of energy spokesperson stated.
Now, you may have more extra cash to spend during the holiday season. If you want to know how to save on fuel prices even more, have a look at WOW’s ten tips to cut on fuel costs.