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Motorists will benefit from significant petrol and diesel price cuts next month

# Motorists can expect a significant drop in fuel prices next week, with petrol decreasing by 64 to 78-cents per litre and diesel by around 90-cents per litre. This comes as month-end data shows a notable over-recovery in fuel prices, driven by stable oil prices and a favorable rand-dollar exchange rate. While the carbon fuel levy will rise by three-cents, it won’t fully offset the price cuts. Official price changes will be announced by the Department of Petroleum and Mineral Resources next week.