Expect a mixed outlook for fuel prices in December, says the AA

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Current unaudited data from the Central Energy Fund is indicating a mixed bag of increases and decreases to fuel prices for December, according to the Automobile Association.

The AA says data is indicating significant increases to petrol prices of between 97c/litre and R1.09/l, but a decrease of up to 34c/l for diesel next month. File photo.Current unaudited data from the Central Energy Fund is indicating a mixed bag of increases and decreases to fuel prices for December, according to the Automobile Association .

According to the data, the average upward movement in international product prices is the main driver behind the increase to petrol prices while the slight downward trend in international diesel product prices is having the reverse impact on this fuel. The rand is performing stronger against the US dollar in daily trading, especially since the second week of November, which is having a positive impact on fuel prices.

 

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