Massive petrol price cut expected next week

[BusinessTech]

Massive petrol price cut expected next week

The latest data from the Central Energy Fund points to a massive cut in the petrol price for motorists in May, which presents good news for some sectors of the economy due back at work beginning next week.

 

[supersunbird]

On balance, these are the expected changes:

• 95 Petrol: decrease of R1.74 per litre
• 93 Petrol: decrease of R1.70 per litre
• 0.05% diesel: decrease of R1.51 per litre
• 0.005% diesel: decrease of R1.46 per litre
• Illuminating Paraffin: decrease of R2.12 per litre

 

[Lupus]

So basically the fuel we put in now, would be mostly taxes.

 

[IssiAmd]

So basically the fuel we put in now, would be mostly taxes.

Basically

 

[CUZ_458]

So basically the fuel we put in now, would be mostly taxes.

thats a $h!* load of taxes we paying

 

[Lupus]

thats a $h!* load of taxes we paying

Yup it is.

 

[*SynergyX*]

free oil ---- free oil every where

 

[PatchTuesday]

Awesome. I filled up a week before lockdown started, pretty much still have most of that premium fuel in my tank, next week I can top up with peasant fuel

My question is,when will we see these changes on food costs?

 

[*SynergyX*]

Awesome. I filled up a week before lockdown started, pretty much still have most of that premium fuel in my tank, next week I can top up with peasant fuel

My question is,when will we see these changes on food costs?

unlikely -- the strain on supply and the excessive lockdown buying will actually push prices up.

Starting to see it already on some items.

 

[Goosfrabba]

Awesome. I filled up a week before lockdown started, pretty much still have most of that premium fuel in my tank, next week I can top up with peasant fuel

My question is,when will we see these changes on food costs?

We all know the changes in fuel price affects food prices only in one direction