Fuel prices to drop significantly in April

South African motorists will benefit from record fuel price decreases in April, according to the Automobile Association.

The Association has attributed the expected decrease to low demand for oil due to the Covid-19 outbreak.

Unleaded 95 petrol is set to drop by R2.18 per litre, with 93 set to decrease by R2.05.

Both grades of diesel are expected to decrease by around R1.65, with illuminating paraffin predicted to go down by R1.98.

Speaking to Ynews the AA’s Layton Beard said even with the addition of the 25 cents for  fuel levies, the expected decreases would significantly bring the country’s fuel prices to levels last seen in late 2017 and early 2018.

According to Layton, oil prices could increase drastically once the pandemic is under control, he has however pointed out that it is impossible to predict exactly what will happen then.