MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home » Featured » Petrol price predicted to drop in December

Petrol price predicted to drop in December

The petrol price is predicted to slightly decrease in December, just in time for the festive season.

Mid-month data from the Central Energy Fund (CEF) reveals that that petrol 93 and 95 are likely to decrease by 34 and 36 cents per litre respectively, while diesel 0.05% and 0.005% are predicted to drop by 5 cents and 4 cents respectively. Illuminating paraffin, however, is likely to increase by 10 cents a litre.

This data is only a mid-month estimate and may change by the end of the month when official prices are announced.

If these figures are correct, petrol 93 and 95 will cost about R14.05 and R14.23 per litre, and diesel 0.05% and 0.005% around R12.20 and R12.23 per litre.

The predicted decreases are a result of the strengthening Rand/US Dollar exchange rate and changes to international petroleum product costs.

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

ACSA ready for huge festive season passenger rush

Airports Company South Africa (ACSA) is pleased to announce that it is ready to welcome large volumes of travellers to its airports across the...

Reduced fuel price brings relief to those travelling over the festive season

Statement by Abigail Moyo, spokesperson of the trade union UASA: The announced lower fuel price over the festive period is good news and a relief...

MUST READ

WEG Africa’s new Cape Town premises reflect 30 years of growth

Celebrating 30 years since its inception, WEG Africa’s Cape Town branch can mark this achievement from its larger and improved premises in Richmond Business...

RECOMMENDED

Cape Business News
Follow us on Social Media