Petrol and diesel prices set to drop from Wednesday
Motorists will receive some relief at the fuel pumps from Wednesday, following a decrease in the prices of petrol, diesel and illuminating paraffin.
The Department of Mineral and Petroleum Resources has announced that the price of 93-octane petrol will decrease by R2.01 per litre, while 95-octane petrol will decrease by R1.96 per litre.
The price of diesel will decrease by between R3.13 and R3.58 per litre, while illuminating paraffin will decrease by R6.97 per litre.
The department says the reductions are attributed to a sharp decline in international oil prices and a relatively stable rand against the US dollar.
The decrease forms part of a broader relief programme, which includes a reduction in the general fuel levy.
The new fuel prices will come into effect at midnight.
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