FUEL PRICES DROP AT MIDNIGHT TO CHEAPEST SINCE JANUARY; MOTORISTS REACT
- Both petrol grades will drop by 92 cents per litre, the fourth month in a row
- Two grades of diesel will also decrease by between 79 cents and R1,50 per litre
- Motorists weren't that enthused at the decrease in fuel prices as they commented on social media
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JOHANNESBURG - A stable global oil price and a stronger Rand versus the dollar will significantly decrease petrol and diesel prices.
What led to these decreases?
- Increase in production by major oil-producing countries
- There was a lower demand in certain areas
- Anticipated interest rate cuts by the US Federal Reserve
- Brent Crude oil decreased from $83.55 to $78.54 per barrel
This makes it the fourth time in a row that we have price cuts at the pumps.
| Fuel | Change (decrease) | Inland | Coastal |
| Petrol 93 | 92 cents per litre | R21.79 | R21.00 |
| Petrol 95 | 92 cents per litre | R22.19 | R21.40 |
| Diesel 0,05% | 79 cents per litre | R19.59 | R18.80 |
| Diesel 0.005% | 105 cents per litre | R19.69 | R18.93 |
| Paraffin | 103 cents per litre | R13.77 | R12.77 |
| LPGAS | 10 cents per kg | R35.85 | R32.89 |
A week ago the Central Energy Fund predicted a R1 price decrease.
Motorists respond without much excitement and joy
@KopanoTmt
asks why transport isn't going down in price:"Why are taxi and bus prices not going down?"
@xNgubo thinks the GNU are behind this:
"I wonder who will celebrate such, we know this is one of the PR exercise for the GNU. People are still jobless, food is at it record high let alone electricity."
@NcedisaNcedisa doesn't think much of the decrease:
"Nothing to celebrate here"
@LAvvocato83 wants to see a decrease in other sectors:
"I hope your governor cuts rates ASAP"
Citizens Share Monthly Expenses and Income Woes
Briefly News reported that South Africa's ongoing economic challenges have ignited a lively discussions on social media regarding financial hardships. Citizens share their experiences, ranging from low incomes that barely cover school fees and rent to high salaries that still fall short of providing a comfortable lifestyle.
The comments underscore many's severe financial difficulties, emphasizing the widespread pressure on households.
2024-09-04T17:45:53Z dg43tfdfdgfd