Fuel price drops - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

has dropped by almost R2 per litre from midnight, although the nationwide lockdown means most motorists will not benefit from this immediately.Motorists will also pay between R1.35 cents and R1. 41 cents less per litre for diesel. The price of Illuminating paraffin has decreased R1.88 cents per litre.

The massive cuts come as the world is knocked down by the global coronavirus pandemic, which has sent markets into a tailspin, while a price war between Russia and Saudi Arabia saw oil prices crumble. The fuel price adjustments do not include the general fuel levy which has gone by 16 cents per litre and the Road Accident Fund levy which has increased by 9 cents per litre with effect from Wednesday.South Africa’s fuel prices are adjusted on a monthly basis, informed by international & local factors.

Good news for all, as this is major costs for transportation of goods. As expected supermarkets wont pass on benefit to customers. Should continue lower, as limited demand globally for fuel.

Yesterday: 31st March 2020, 07:47 AM [GMT] 🇿🇦 R 22.18¢ : 🇬🇧 £ 1.00 🇿🇦 R 17.97¢ : 🇺🇸 $ 1.00 🇿🇦 R 19.80¢ : 🇪🇺 € 1.00 Au is trading at 🇺🇸 $ 1 615.00¢ per 28g. Pt is trading at 🇺🇸 $ 731.00¢ per 28g. Brent Crude Oil is trading at 🇺🇸 $ 23.29¢ per 159 litres.

Early this morning: 01st April 2020, 06:30 AM [GMT] 🇿🇦 R 20.18¢ : 🇬🇧 £ 1.00 🇿🇦 R 17.90¢ : 🇺🇸 $ 1.00 🇿🇦 R 19.75¢ : 🇪🇺 € 1.00 Au is trading at 🇺🇸 $ 1 584.08¢ per 28g. Pt is trading at 🇺🇸 $ 724.13¢ per 28g. Brent Crude Oil is trading at 🇺🇸 $ 25.75¢ per 159 litres.

It was offset but the increase in levies including public road accident fund and tax. So it really doesn’t make much of a difference

With a bit of luck the knock on effect will decrease the prices in the shops 🤔

I visited my nearest Shoprite, got shocked to find engine oil barricaded with a tap, it's classified non-essential 🤔🤔🤔🤔 ! Got me thinking, so our vehicles (the essential services providers with permission to go to work) will not need oil top up till lock down days end ?

The white men are driving around without darkies on sight, darkies businesses shut down those who sell will meet the wrath of the soldiers and police.... Usave containers are now distributed in townships .... A man who massacred black mineworkers is president. Stupid SAns!

Actually motorists are benefiting because they are not saving R2 but the whole full tank

The our govt oversees things, we lockdown they lockdown petroleum, once we freed the petrol goes to R20/L

I will fill up and park it until the lockdown ends, if it ends.

Lool most motorists will not benefit from these because of lockdown not much private cars are used besides Government Cars actually is only for Government once Covid19 end, the petrol prices will rise even higher than before.. 🇿🇦 4 you my fellow Citizens

Wish they’d think about this before and people could have had a bit more money in there pocket ,s

This government is clever ne? 🤣

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Exactly

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