Based on month-end data, the Automobile Association expects the price of petrol to go down by around 14 cents a litre, diesel by 26 cents a litre, and illuminating paraffin by around 21 cents a litre. AA spokesperson Eleanor Mavimbela says the main drivers are a stronger Rand and lower international oil prices.....KINDLY READ THE FULL STORY HERE▶
” The movements in exchange rates contributed most to the trajectory of the fuel prices moving downwards.
“International product prices dipped slightly from the middle of July, lowering the under-recovery and resulting in the forecast decreases.”
She says while the relief is small, it’s nonetheless welcome.
“Naturally, we are all looking at ways to manage expenses, and as fuel remains an integral part of many budgets, it’s difficult to avoid paying higher prices. Our advice is to ensure vehicles are in good mechanical condition, and that tyres are inflated according to manufacturer’s specifications. A smoking vehicle or one that feels sluggish is also consuming more fuel.
“Should your vehicle present such symptoms, take it to an AAQA general repairer for a check-up. Old oil, worn sparkplugs and dirty air-filters will also cause higher fuel consumption. Avoiding heavy traffic, not overloading the vehicle, and minimising driving where possible are other ways to reduce usage.”