{"id":55174,"date":"2023-10-18T11:05:23","date_gmt":"2023-10-18T11:05:23","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa"},"modified":"2023-10-18T11:35:49","modified_gmt":"2023-10-18T11:35:49","slug":"fuel-prices-set-for-substantial-drop-in-november-says-aa","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa","title":{"rendered":"Fuel prices set for substantial drop in November, says AA"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>South Africans can breathe a sigh of relief as fuel prices are set to decrease in November, based on unaudited mid-month data from the Central Energy Fund (CEF), says the Automobile Association (AA).<\/p>\n

The data is indicating ULP95 is set to decrease by about R1.97\/litre and ULP93 by R1.92\/l. Diesel, which has been on an upward trajectory for the past couple of months, is set for a decrease of about 78c\/litre. The unaudited data is also pointing to a decrease in the cost of illuminating paraffin of about 74c\/l.NEWS<\/p>\n

The current data is indicating that ULP95 is set to decrease by about R1.97\/litre and R1.92\/l for ULP93. Diesel, which has been on an upward trajectory for the past couple of months, is set for a decrease of about 78c\/litre.<\/p>\n

South Africans can breathe a sigh of relief as fuel prices are set to decrease in November, based on unaudited mid-month data from the Central Energy Fund (CEF), says the Automobile Association (AA).<\/p>\n

The data is indicating ULP95 is set to decrease by about R1.97\/litre and ULP93 by R1.92\/l. Diesel, which has been on an upward trajectory for the past couple of months, is set for a decrease of about 78c\/litre. The unaudited data is also pointing to a decrease in the cost of illuminating paraffin of about 74c\/l.<\/p>\n

\u201cThese significant decreases will come at a very critical time for South Africans who have had to dig deeper into their pockets to fill up their vehicles and food trolleys with the previous cycles of fuel increases,\u201d says the AA.<\/p>\n

According to the CEF\u2019s data, more stable international oil prices are the main driver behind the potential decreases for November though the average weaker rand-US dollar exchange rate is shaving some of the possible decreases off what is otherwise a positive outlook.<\/p>\n

\u201cThe outlook for November will offer some much-needed relief to consumers, especially with the decrease of diesel which is a big input cost in major sectors such as agriculture, mining, and manufacturing, and an increase here often contributes to increased prices of basic commodities. There are still two weeks before the official adjustment for November which could still be negatively affected by the upward trajectory of oil prices due to the conflict in Israel,\u201d says the AA.<\/p>\n

Officially adjusted fuel prices come into effect on November 1, the first Wednesday of November. An announcement on the official adjustment is announced by the department of mineral resources & energy.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. South Africans can breathe a sigh of relief as fuel prices are set to decrease in November, based on unaudited mid-month data from the Central Energy Fund (CEF), says the Automobile Association (AA). The data is indicating ULP95 is set to decrease by about R1.97\/litre and ULP93 by R1.92\/l. Diesel, which has […]<\/p>\n","protected":false},"author":84,"featured_media":55173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[274,315,275],"class_list":["post-55174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nFuel prices set for substantial drop in November, says AA - South Africa<\/title>\n<meta name=\"description\" content=\"South Africans can breathe a sigh of relief as fuel prices are set to decrease in November, based on unaudited mid-month ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fuel prices set for substantial drop in November, says AA\" \/>\n<meta property=\"og:description\" content=\"South Africans can breathe a sigh of relief as fuel prices are set to decrease in November, based on unaudited mid-month ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-18T11:05:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-18T11:35:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/10\/sm_1697616271.995381.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"499\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fuel prices set for substantial drop in November, says AA\",\"datePublished\":\"2023-10-18T11:05:23+00:00\",\"dateModified\":\"2023-10-18T11:35:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa\"},\"wordCount\":442,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/10\/sm_1697616271.995381.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/fuel-prices-set-for-substantial-drop-in-november-says-aa\",\"name\":\"Fuel prices set for substantial drop in November, says AA - 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