The rand has not performed as well against the dollar over the past few weeks because it had already done in any case the worldwide oil cost has experienced a considerable drop which might lead to planned over-recoveries in neighbourhood fuel costs.

 The official fuel cost will as it was be reported by the Division of Mineral Resources and Vitality on the primary Monday of the month, with the updated prices going into impact at midnight on the primary Wednesday of the month, so the underneath figures, based on the current oil costs, is however to be affirmed.

That said, the local fuel price could see just under a rand decrease across all grades of fuel. Here is what it is tentatively expected to change according to data from the Central Energy Fund from the first week of August – Petrol 93 is expected to drop by 86 cents per litre, Petrol 95 by 81 cents per litre, Diesel 0.05% (wholesale) by 84 cents per litre, and Diesel 0.005% (wholesale) experiencing the largest reduction of 98 cents per litre.