The Automobile Association of South Africa says fuel prices are likely to drop again at the end of February.
The AA made the remark based on unaudited mid-month fuel price data released by the Central Energy Fund.
It says current data suggests a petrol price decline of around 28 cents per litre, 36 cents for diesel, and 21 cents for illuminating paraffin.
The AA says international oil prices have been declining steeply since the start of February, and this factor has accounted for approximately half of the petrol price reduction, and more than two-thirds of the diesel price reduction.
Over the same period, the Rand/US dollar exchange rate traded in a band around R12 to the dollar mark, giving some additional price relief for fuel users.
According to the AA, Jacob Zuma's resignation as president of South Africa caused some strengthening of the Rand, and it expects this to have additional impact on the fuel price before month-end.
