petrol diesel price hike december 2024
The latest numbers still suggest that South Africa's motorists will face bad fuel price news early next week. Image: Pixabay

Home » WATCH: Petrol and diesel prices expected to drop [VIDEO]

WATCH: Petrol and diesel prices expected to drop [VIDEO]

Watch news in a minute for a summary of Motorists can breathe a sigh of relief as petrol prices and diesel are still expected to drop. story.

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30-05-23 11:12
petrol diesel price hike december 2024
The latest numbers still suggest that South Africa's motorists will face bad fuel price news early next week. Image: Pixabay

NEWS IN A MINUTE: Listen or watch the full versions of theREMINDER: Petrol and diesel prices expected to drop next weekarticle in a minute.

Even though the rand is currently at its weakest point on record against the US dollar, South African motorists are in for some petrol prices relief in June. BusinessTech reported that, the latest data from the Central Energy Fund for the week ending 26 May shows that fuel prices are still drawing an over-recovery on the back of lower global oil prices.Domestic petrol prices are primarily governed by the rand/dollar exchange rate and international oil prices. In South Africa, the fuel price is adjusted on the first Wednesday of every month based on these two factors. The next price changes will take effect from Wednesday, 7 June. 

CLICK HERE TO READ FULL ARTICLE: REMINDER: Petrol and diesel prices expected to drop next week

NEWS IN A MINUTE ON: PETROL PRICES AND DIESEL STILL EXPECTED TO DROP 

Video: The South African YouTube channel

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