The Automobile Association (AA) predicts a slight decrease in fuel prices for November, based on unaudited mid-month data from the Central Energy Fund (CEF).
The current data indicates that ULP95 is set to decrease by around R1.97/litre and R1.92/l for ULP93.
Diesel is set for a decrease of around 78c/litre and illuminating paraffin by 74c/l.
"These significant decreases will come at a very critical time for South Africans who have had to dig deeper into their pockets to fill up their vehicles and food trolleys with the previous cycles of fuel increases," says the AA.
According to the CEF's data, more stable international oil prices are the main driver behind the potential decreases for November.
The AA says the ongoing conflict in Israel could still negatively impact the official adjustment that is still two weeks away.
