Johannesburg - South Africans are looking forward to some significant fuel price relief in December, and current data shows that the price decreases could be even bigger than expected.
Around mid-November, fuel price data from the Central Energy Fund pointed to decreases in the region of R1.50 for petrol and 92 cents in the case of diesel.
However, if the current price trends continue for the coming week, motorists could enjoy a petrol price reduction of R1.80 a litre or more, based on conservative estimates, with diesel drivers saving up to R1.40.
This is of course dependent on international oil prices and the rand remaining at or near current levels, but even a significant wrong-way movement in either would not be enough to prevent South Africans from enjoying significant savings at the pumps in December.
Should the aforementioned predictions hold true, those at the coast will be paying around R14.69 for 95 Unleaded petrol, with Gauteng motorists parting with around R15.05 for 93 Unleaded and R15.28 for 95.