{"id":487141,"date":"2021-04-30T12:24:25","date_gmt":"2021-04-30T10:24:25","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=487141"},"modified":"2021-04-30T12:25:23","modified_gmt":"2021-04-30T10:25:23","slug":"expect-a-drop-in-petrol-prices-next-week-2","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/487141\/expect-a-drop-in-petrol-prices-next-week-2\/","title":{"rendered":"Expect a drop in petrol prices next week"},"content":{"rendered":"<p>Fuel prices have made a turnaround from last month, with across-the-board price reductions in all fuel types expected when the Department of Mineral Resources and Energy announces adjustments for May.<\/p>\n<p>This is according to the Automobile Association (AA), commenting on unaudited month-end fuel price data released by the Central Energy Fund.<\/p>\n<p>Petrol is expected to be cheaper<strong> by around 13 cents per litre<\/strong>, with diesel showing a 32 cents per litre drop, and illuminating paraffin down by 23 cents.<\/p>\n<p>The Department of Energy will publish the official price adjustments before they come into effect on Wednesday, 5 May 2021.<\/p>\n<p>&#8220;The exchange rate has continued its pleasing strengthening trend against the US dollar. International petroleum prices, which increased slightly in the first two weeks of April, have held steady since,&#8221; the AA said.<\/p>\n<p>As a result, the Association says fuel users are expected to have a breather in May from the series of fuel price increases earlier in the year.<\/p>\n<p>&#8220;As we head into winter, South Africans who use paraffin for lighting, cooking, and heating especially will no doubt be glad at this news.<\/p>\n<p>&#8220;For its part, the AA is hopeful the recent streak of price stability will continue to provide more price relief to fuel users in the short to medium term,&#8221; the AA said.<\/p>\n<p>This is how the changes could be reflected at the pumps, based on the <a href=\"https:\/\/www.cefgroup.co.za\/phocadownload\/Daily_updates\/2021\/April\/Daily%2029-04-2021.pdf\">CEF&#8217;s latest data<\/a>:<\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"40%\">Fuel (Inland)<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"30%\"><a href=\"http:\/\/www.energy.gov.za\/files\/esources\/petroleum\/April2021\/Breakdown-of-Prices.pdf\">April official<\/a><\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"30%\">May Expected<\/th>\n<\/tr>\n<tr>\n<td>95 Petrol<\/td>\n<td style=\"text-align: center;\">R17.32<\/td>\n<td style=\"text-align: center;\">R17.22<\/td>\n<\/tr>\n<tr>\n<td>93 Petrol<\/td>\n<td style=\"text-align: center;\">R17.10<\/td>\n<td style=\"text-align: center;\">R16.97<\/td>\n<\/tr>\n<tr>\n<td>0.05% Diesel (wholesale)<\/td>\n<td style=\"text-align: center;\">R14.77<\/td>\n<td style=\"text-align: center;\">R14.46<\/td>\n<\/tr>\n<tr>\n<td>0.005% Diesel (wholesale)<\/td>\n<td style=\"text-align: center;\">R14.80<\/td>\n<td style=\"text-align: center;\">R14.49<\/td>\n<\/tr>\n<tr>\n<td>Illuminating Paraffin<\/td>\n<td style=\"text-align: center;\">R8.81<\/td>\n<td style=\"text-align: center;\">R8.,59<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/motoring\/486985\/hijackings-in-south-africa-police-will-focus-on-these-major-hotspot-areas\/\" target=\"_blank\" rel=\"noopener\">Hijackings in South Africa \u2013 police will focus on these major hotspot areas<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fuel prices have made a turnaround from last month, with across-the-board price reductions in all fuel types expected when the Department of Mineral Resources and Energy announces adjustments for May.<\/p>\n","protected":false},"author":10,"featured_media":478635,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[3328,26],"class_list":["post-487141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-automobile-association","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/487141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=487141"}],"version-history":[{"count":12,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/487141\/revisions"}],"predecessor-version":[{"id":487171,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/487141\/revisions\/487171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/478635"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=487141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=487141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=487141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}