Some pre-festive cheer as fuel price cuts in November bring welcome year-end relief

AS WE REACH the end of the year, motorists and businesses will enjoy a decrease in fuel prices across the board.

- ASHLEY LECHMAN

AS SOUTH Africans prepare for the holiday season, the recent drop in petrol and diesel prices offers a much-needed reprieve amidst financial strains, making travel more affordable for families across the country. TUMI PAKKIES Independent Newspapers

(TUMI PAKKIES Independent Newspapers)

This comes after the Department of Mineral and Petroleum Resources (DMPR) has announced the official fuel price adjustments for November. Both grades of petrol will decrease by 51 cents per litre, while diesel will go down by between 19 cents (SOppm) and 21 cents (500ppm).

This means South Africans will pay R20.29 for a litre of 95 Unleaded petrol at the coast and R21.12 in the inland areas, where the cheaper 93 Unleaded will retail for around R20.97. This will bring petrol prices to their lowest levels in just over a year, and close to three-year lows.

The wholesale price of 50ppm diesel will fall to R18.42 at the coast and R19.18 inland. This latest adjustment marks a notable shift in petrol prices, bringing them to their lowest levels in more than a year, and approaching three-year lows.