It looks like South African driver’s joy will be short lived when it comes to petrol and diesel prices.
This comes after the five month trend which resulted in a drop in both petrol and diesel; bringing an end to the fuel good times.
According to the Automobile Association (AA) press release, commenting on unaudited data from the Central Energy Fund (CEF), it is expecting the first fuel price increase since May in November as a result of higher international product prices and a steady softening of the Rand against the US Dollar.
“According to the CEF’s figures, ULP95 is expected to be slightly higher by around 14 cents a litre, while ULP93 is set for an increase of around three cents/l. Diesel is expected to increase by between 14 cents and 13 cents/l while illuminating paraffin will increase by around seven cents a litre,” Automobile Association
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