AA expects enormous drop in fuel prices on 5 December

Christmas may come early this year.

The Automobile Association expects a decrease of R1.54 per litre in the price of petrol on 5 December.

It expects the diesel price to come down by 92 cents a litre.

The main reasons for the price cuts are substantially lower international oil prices and a modest strengthening of the rand against the US dollar.

These predictions will change if oil prices or the exchange rate fluctuate materially in the remainder of the month.

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