Trick or treat on Halloween tomorrow will surely be a treat for everyone as a decrease in the petrol price will be announced tommorow, October 31
A drop in the petrol and diesel price serves as great news for everyone, especially for those who are heading to their holiday destinations over the Festive season. The Automobile Association (AA) commented on the Central Energy Fund’s preminary fuel price data, which showed substancial over-recoveries in the fuel price.
The AA said that a drop in the petrol price is currently pegged at between 40 cents and 44 cents per litre, while diesel is showing an almost 65c per litre reduction.
Illuminating paraffin will probably drop down by 49c per litre.
The AA further stated that the rand/US dollar exchange rate had gradually strengthened in South Africa’s favour during October and that international petroleum prices had shown a substantial decline over the same period.
It seems that holiday makers will have a little more in their piggy banks to spend over the festive season.
