Petrol price 95

2022 - 9 - 1

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Image courtesy of "News24"

Petrol price set to drop by over R2 per litre on Wednesday (News24)

The latest data from the Central Energy Fund shows that petrol prices will fall by more than R2. But prices remain far above levels seen earlier this year.

Instead, the structure and composition of the fuel price must be considered, along with a deeper interrogation of how government currently allocates its funds," says the AA. It is also way off the January pricing of R19.61/l. "Although we are expecting fuel to be cheaper in September, we remain concerned about the overall high prices which impact on all consumers. According to the latest data from the Central Energy Fund, the price of 95 unleaded petrol is expected to fall by around R2.35 a litre on Wednesday. "This is cheaper than the June price of R24.17/l but still significantly higher than R21.84/l May pricing. A sustainable solution to mitigating rising fuel costs is still necessary and until that solution is found, citizens will be at the mercy of fuel price hikes," said the AA.

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Image courtesy of "The South African"

Fuel price to drop next week – find out how much you'll be paying (The South African)

Diesel will also drop by between 77 and 87 cents per litre. Illuminating paraffin will decrease by around 82 cents per litre. This means 95 unleaded fuel will ...

Instead, the structure and composition of the fuel price must be considered, along with a deeper interrogation of how government currently allocates its funds,” the AA said. The scrapping of the General Fuel Levy (GFL) is not a solution, said Beard. It will simply force government to find alternative ways to collect the revenue generated by this tax. “Although we are expecting fuel to be cheaper in September, we remain concerned about the overall high prices which impact on all consumers. These downward movement is contributing 94% to the projected reduction, AA said. 93 unleaded will drop by R2.18 per litre.

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