NEWCASTLE – Motorists can breathe a sigh of relief as the Automobile Association of South Africa released its mid-month analysis report, indicating a substantial drop in the price of petrol in September.
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“Ongoing Rand strength has out-muscled a climbing oil price, raising the possibility of substantial fuel price cuts this month end,” confirmed the AA.
Petrol will be reduced with 69 cents per litre, while the wholesale price of diesel could see a decrease of as much as 94 cents per litre.
Illuminating paraffin is showing a potential drop of 92 cents per litre.
“The fuel price for September will depend on whether the Rand can continue to counter upward trends in international petroleum prices,” the AA said.
In August, motorists got relief of a 99-cent drop in the petrol price, (inland) 95 grade petrol to R12.38 a litre, and wholesale diesel to R10.96 a litre.
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With the projections at current rates, this is expected for September:
| Fuel | August Inland | September estimate |
|---|---|---|
| 95 Petrol | R12.38 | R11.69 |
| 0.05 per cent Diesel (wholesale) | R10.96 | R10.02 |
