Cape Town – Motorists can expect relief at the pumps in December as fuel prices are anticipated to decrease significantly.
Unaudited data from the Central Energy Fund suggests a potential drop of around 98 cents for petrol and reductions of between R2.23 and R2.29 for diesel.
These projections are based on lower international oil prices, with Brent Crude oil trading in the $80 to $82 range.
If these predictions hold, 95 Unleaded petrol could cost around R22.20 at the coast and R22.92 inland, while 93 Unleaded might be around R22.46.
Diesel prices are expected to shift to about R21.40 at the coast and R22.11 inland.
The official prices for December will be announced early next week and come into effect on December 6.
Motorists could potentially save varying amounts per tank, with the main driver of these projected cuts being lower international oil prices.
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Compiled by Betha Madhomu
