Good news as fuel price is set to drop

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The price of all grades of petrol will drop by 25 cents per litre by Wednesday (June 7).

The price of diesel will drop by 23 cents per litre.

The department’s Robert Maake said: “Petrol, both 93 and 95 will decrease by 25 cents and both grades of diesel will decrease by 23 cents per litre. Paraffin will drop by 30 cents a litre and LP gas will drop by 77 cents per kilogram.”

Maake said the strengthening of rand against the US dollar and lower crude oil prices are behind the drop in fuel prices – which is hoped to decrease transport cost and food prices.