The Automobile Association has released its predictions for the next round of increases/decreases after the mid-month fuel price data was released.
Things are not looking good for petrol, with apredicted increase of 11 cents a litre for 95 octane petrol, and a 7-cent rise for 93 octane petrol. On the other hand, there's some good news for diesel as there should a decrease by as much as18 cents.
"The average Rand/US dollar exchange rate has been essentially flat, contributing a small decrease of about 3.5 cents to fuel prices as it maintains a level around R14.90 to the dollar. The picture for oil is similar, with the international prices of both petrol and diesel having run neck-and-neck for several days last week," the AutomobileAssociation notes. These increases will hurt many who will be conducting longer journeys over the December 2019 holidays.
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