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Petrol price to come down

The petrol price is going to be coming down, and not because of Rand strength.  this time it is the international price of fuel which has come down substantially and if in fact the Rand was strong, we would be seeing a bigger reduction.  In March 2013 the basic fuel price for 95 unleaded was R7,52 and at the moment it is R7,12.  As a result at the moment we are looking at about a 22c decrease from the current price of R13,61 for unleaded 95 petrol.  If the Rand was where it was a year ago we would probably be paying considerably less but we should not complain about a reduction in the rate and although it will not suit the oil producers, such as Russia and the Arab States, it appears that the fuel price will be coming down for still a few months more.  The link where you can find the fuel prices has changed and it can now be found at www.cefgroup.co.za/petrol-price/.

Posted by Michael de Broglio on Monday 27-Oct-14 Share on Facebook   Tweet It

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Comments

Nicky  said:
on Friday 31-Oct-14 04:49 PM
Lets just hope that the petrol price stays down for long enough.

Henrietta  said:
on Friday 31-Oct-14 04:48 PM
This is great news.... Not that much of a decreased but with more to come who can really complain, at least it is going down and not up...... well net yet.

Sinead  said:
on Friday 31-Oct-14 04:46 PM
I love the sound of petrol decreasing lol... On the other hand, it sucks because next month it will sky rocket again.

Catherine  said:
on Thursday 30-Oct-14 12:41 PM
Great relief indeed! So welcome over the holiday season because a lot of people will be travelling a lot.

Ashleigh  said:
on Wednesday 29-Oct-14 02:56 PM
Its so nice to hear when petrol comes down but it's always a worry of how it will go up ten fold in the next couple of months.

Angelique  said:
on Wednesday 29-Oct-14 02:41 PM
What a relief! Hopefully doesn't increase around Christmas time and holiday season.

Jolene  said:
on Wednesday 29-Oct-14 01:55 PM
Very good news! Have to agree, every cent helps!

Mathilda  said:
on Tuesday 28-Oct-14 04:23 PM
Always great news that the petrol price is decreasing. I just hope it does not increase hugely again

Sally  said:
on Tuesday 28-Oct-14 11:30 AM
It is such a relief. Just hope that it does not shy rocket in December

Brenda Du Toit   said:
on Tuesday 28-Oct-14 08:31 AM
Its good news that the petrol price is decreasing lets just hope it doesn't skyrocket again soon

Caron  said:
on Monday 27-Oct-14 03:57 PM
Aviation fuel is R17.40/l (incl. VAT)

Nikita  said:
on Monday 27-Oct-14 03:56 PM
This will certainly help families around Christmas time! Every cent counts!

Sorea  said:
on Monday 27-Oct-14 03:01 PM
Depending on where you buy, aviation fuel is cheaper than petrol. The decrease is always welcome though.

Jade  said:
on Monday 27-Oct-14 02:59 PM
I hope this continues. I know many people will be planning road trips down around South Africa, and this will certainly help.

Joyce  said:
on Monday 27-Oct-14 02:49 PM
I think it's good news that petrol price is coming down

Dune   said:
on Monday 27-Oct-14 01:43 PM
It's always good to hear that the petrol price is coming down, but how long will it stay like that before it increases again?

Melissa  said:
on Monday 27-Oct-14 01:36 PM
That's good news, hope is stays like that...

Anna  said:
on Monday 27-Oct-14 12:59 PM
Fantastic news and close to Christmas as well which I'm sure will help to alleviate some families monetary worries to an extent.

Next problem we need to deal with is the proposed tax increase from next March :-(.

Marisa  said:
on Monday 27-Oct-14 11:45 AM
I am also happy that it is coming down as it is ridiculous for the amount we pay for just a short distance.. That can also be the reason that there are lift clubs as then everyone splits money for petrol that makes it cheaper for everyone.

Elektra  said:
on Monday 27-Oct-14 10:40 AM
I noted in a previous Blog comment that the fuel price would drop and continue to do so into the new year.

Cindy  said:
on Monday 27-Oct-14 10:17 AM
This is great news and I think it is about time! I just hope it stays like this for sometime and does not increase next month again.

Thabitha  said:
on Monday 27-Oct-14 09:24 AM
It is good news indeed but with us using public transport is the same because the fees are still the same and when the petrol price goes up the transport fee goes up

Lucretia  said:
on Monday 27-Oct-14 09:19 AM
I cannot believe the difference about what it should cost and what it costs. If the difference between the R7.52 and R13.61 is all the additional costs, then the RAF cannot complain and our roads should look a dam side better than they do. The more I see our roads, the more like North Africa we are starting to look.

Kaylee  said:
on Monday 27-Oct-14 09:18 AM
Great news, petrol was becoming almost as expensive as rocket fuel

Clare  said:
on Monday 27-Oct-14 08:55 AM
Yippy i am so glad the petrol price is coming down it cost a lot of money to travel around. but their must be some catch some were i mean petrol goes down and the food prices go up??

Liesl  said:
on Monday 27-Oct-14 08:39 AM
Such a relief. Every cent helps

Bianca R  said:
on Monday 27-Oct-14 08:34 AM
It is always good news to hear that the petrol price will decrease. I have been following the price of oil and noticed that it is dropping daily. Fantastic news!

Alexis  said:
on Monday 27-Oct-14 08:19 AM
Happy to hear that the petrol price is coming down, gives us a bit of a break - until it goes up again that is

sheena  said:
on Monday 27-Oct-14 08:18 AM
Great news for a Monday morning! Hopefully it stays that way.

Lizanne  said:
on Monday 27-Oct-14 08:09 AM
At least it is decreasing and every cent counts. No one can complain about that.

Sarah  said:
on Monday 27-Oct-14 08:02 AM
I am glad the petrol price is coming down. I hope it keep decreasing and doesn't start increasing hugely again.

Zindy  said:
on Monday 27-Oct-14 07:57 AM
Im glad the fuel price is coming down but the more it comes down the more they seem to push it up later down the line. 22 Cents decrease this month then 50-80 Cents increase ' Next month '. Hopefully it does come down some more because its getting ridiculous.

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Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
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