Some good news for a change today! The retail price of all grades of petrol will decrease by R1.61 a litre on Wednesday December 3. Diesel prices will also decrease, with 0.05% sulphur falling by 81 cents and 0.005% by 80 cents. Wholesale paraffin decreases by 75 cents and illuminating paraffin by 100 cents. Petrol in Gauteng now costs R7.35 a litre from R8.96 before, and it is now R7.11 at the coast from R8.72 before.
And things like oil price and currency looking good for another R1 cut in Jan 09. Nice.