South African motorists are in for a mixed bag of fuel price changes this December, with a slight drop in petrol prices offset by significant increases for diesel and illuminating paraffin, according to the Automobile Association, Cape {town} Etc reports.
Based on the CEF’s data, ULP95 is expected to reduce by approximately five c/l, while ULP93 is set for a reduction of approximately 16c/l.
Diesel is expected to increase by between 40c/l and 38c/l, while illuminating paraffin will increase by around 39c/l.
‘Although the Rand/US dollar exchange rate was stable in the first two weeks in the period under review, the Rand weakened slightly against the USD following the American presidential elections, resulting in a less substantial decrease for all grades of petrol.’
‘International petrol prices have been declining for a while hence the expected decrease in petrol prices in December, but diesel prices continue to move in the opposite direction,’ the AA notes.
The AA notes that mid-month data could change before the official December fuel price adjustments are announced at the end of November, with new prices set to take effect on December 4.
‘Planning for a long journey during the December/January break should begin now and should include a complete once-over of your vehicle to ensure it is ready for a long trip.’
‘In addition to keeping your vehicle in good condition, we also urge all road users to ensure their state of mind is equally ready to share the road with other road users and to play their part in keeping our roads safe this festive season,’ concludes the AA.