January: A hefty drop in fuel

VAAL TRIANGLE - Residents here can expect a decline in fuel prices for January. Fuel prices are set for a hefty drop after the rand's strong performance against the US dollar. Commenting on non-audited month-end fuel data released by the Central Energy Fund, the Automobile Association said that despite higher international oil prices over December, all grades of fuel are set to fall at the next fuel price adjustment. The AA expects the price of petrol to fall by up to 34 cents a liter, diesel by 26c and illuminating paraffin by 28c. The expected relief will break five consecutive increases, which took the pump price of 95 octane petrol to R14.76 inland and R14.27 at the coast.

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