A silver lining in sight, as petrol price decrease confirmed for the month of April

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As South Africans do their part in flattening the curve of COVID-19, the national lockdown has proven that staying indoors and practising social distancing is not as easy a task as many could imagine. Yet, there is a glimmer of hope in the days to come.

As of tomorrow, April 1, the petrol prices are set to drop substantially and offering many a sense of relief.

The Department of Energy has officially published the latest fuel price adjustments. While we cannot technically go anywhere, the drop in fuel is a welcome surprise.

Petrol 95 will see a decrease of R1.88 per litre, while petrol 83 octane will see a decrease of R1.76 per litre, The price for diesel 0.05% will be dropping by R1.34 and the price of diesel 0.005% will decrease by R1.35. Illuminating paraffin prices will drop by R1.84.

The price cuts are as a result of the COVID-19 pandemic which has gone viral around the globe, affecting scores of countries and sending markets into a tailspin.

Another contributing factor is the price war between Russia and Saudi Arabia, which saw oil prices drop further,

As South Africans can expect to pay less for their fuel in the month of April, it seems that not all is doom and gloom.

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