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Some relief predicted at the fuel pumps in September

Pixabay (stock image)


South African fuel users will enjoy a breather in September, with prices of all grades of fuel set to drop.

This is according to the Automobile Association, which was commenting on unaudited month-end fuel price data released by the Central Energy Fund.

The Association's outlook for September is that petrol will drop by around 11 cents a litre, diesel by up to 21 cents a litre, and illuminating paraffin by around 12 cents.

The AA notes, however, that the Rand weakened a fair amount against the US dollar in August, meaning that South African fuel users will not enjoy the whole benefit of the lower oil price.

The Association says it is concerned about the trajectory of the Rand, whose average exchange rate against the US dollar has weakened considerably since July 6.