Motorists can anticipate some reprieve at the petrol station this week as fuel prices are set to go down for the third consecutive month on Wednesday, the Department of Mineral Resources and Energy has announced.
The price of petrol 93 (ULP and LRP) and 95 (ULP and LRP) will decrease by 22 cents a litre.
While the price of diesel (0.05% sulphur) will come down by 42 cents a litre and the price of diesel (0.005% sulphur) will come down by 41 cents a litre.
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The price of wholesale illuminating paraffin will decrease by 31 cents a litre.
Minister of Mineral and Petroleum Resources Gwede Mantashe said the adjustment of fuel prices is dependent on local and international factors such as oil prices and the strength of the rand.
The department said the main reasons for the fuel price adjustments include Brent Crude oil prices decreasing from 71.04 US Dollars (USD) to 66.40 USD during the period under review and the current fuel state levy.