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Some fuel price relief could be on the cards, but too early to call

Some fuel price relief could be on the cards, but too early to call By Motoring Staff Share JOHANNESBURG - It looks like South African motorists could be in for a fuel price breather in May, following months of hefty increases. But that’s assuming current trends persist. According to the Automobile Association, mid-month data from the Department of Mineral Resources and Energy is pointing towards a 32 cents-per-litre decrease in the price of diesel. However, petrol hasn’t fared as well, with the current average for the month pointing to a six cent increase. However, the petrol equation has turned positive in the last few days as the rand gained momentum, and if current trends continue then a small petrol price decrease could be possible. That’s assuming that there are no nasty oil price shocks on the horizon.

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