South African Fuel Prices Drop By 92% and 79%

South African Fuel Prices Drop

South African Fuel Prices Drop By 92% and 79%

South Africa is set to experience a significant drop in fuel prices starting Wednesday, September 4, 2024, marking the fourth consecutive month of reductions.

Petrol prices will see a decrease of 92 cents per liter for both 93 and 95 octanes. Diesel prices will also drop, with a reduction of 79 cents per liter for 0.05% sulfur diesel and R1.05 per liter for the lower sulfur 0.005% variant.

Illuminating paraffin will see a decrease of over R1 per liter, while LP gas prices will go down by 10 cents per kilogram.

The price cuts are driven by a decline in international Brent Crude oil prices and a stronger South African Rand against the US Dollar, lowering the cost of fuel imports.

The zero slate levy on petrol and diesel further supports these reductions, offering relief to consumers.

Source: OccupyGh.com 

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Neil Blackson: Neil Blackson has a B.A in Communication studies from the Ghana Institute of Journalism & currently undergoing a Bachelor of Laws (LLB) degree programme at the University of Cape Coast. I focus on local news, entertaining news, sports. I'm a socialite and a Manchester United fan :D Contact me on Email: occupygh@gmail.com or Phone: +233 247 659 843