Motorists can expect significant fuel price reductions to start 2023 says the Automobile Association (AA). Commenting on data from the Central Energy Fund (CEF), the AA says both grades of petrol, diesel and illuminating paraffin prices are showing substantial decreases which will come into effect when the official adjustment for January is made next Wednesday, 4 January 2023.
“According to the data, petrol (both grades) will decrease by around R1.85/litre, diesel will decrease by between R2.47/l and R2.59/l and illuminating paraffin will decrease by around R1.93/l. These reductions will bring the price of 95ULP inland to around R21.57/l and R20.92/l at the coast, both prices close to those last seen in March 2022. The forecast reduction in the wholesale price of diesel will bring this fuel cost down to around R21.47/l. These reductions are certainly good news for all consumers and signal positive start to fuel pricing for the new year,” says the AA.
According to the…
