Great news for petrol prices and South Africa's motorists

Great news for petrol prices and South Africa's motorists

The very early data shows that more good news lies ahead for South Africa’s motorists in early June. Vehicle owners in Mzansi saw a sizeable decrease in the cost of both petrol and diesel this week. This is was due to a lower brent crude oil price and a stronger rand. While it may well be far too early to celebrate, another petrol and diesel price drop is on the cards for next month. Below, the latest projections as received by The South African…

The average price of fuel has continued this week with the downward trend and has chained its fourth fall, after falling to almost 0.4%. Specifically, the average price of the litre of diesel has fallen by 0.43% this week compared to the previous one, to reach 1,377 euros, thus falling back to levels at the beginning of October, according to data from the EU Petroleum Bulletin collected by Europa Press. Meanwhile, the average price of the litre …

MADRID, 8 (EUROPA PRESS) The average price of the fuels has continued this week with the downward trend and has chained its fourth fall, after falling to almost 0.4%. In particular, the average price of the liter of diesel has dropped by 0.43% this week compared to the previous one, to reach 1,377 [...] The entry The price of the fuels continues to decline and chain its fourth week of falls appears first in Forbes Spain.

Taxi operators relieved by fuel price drop

Taxi operators have expressed some relief following a decrease in fuel prices this week. The Central Energy Fund has confirmed that 95 unleaded petrol decreased by 22 cents per litre and 93 dropped by 21 cents. Diesel users saw a more notable cut of between 41 and 42 cents per litre. For township-based SMEs like spaza shop owners, mobile service providers and taxi drivers, the decrease comes after months of rising fuel costs that have eroded alr…