Guiding consumers since 2009

Fuel price to decrease in November?

By Staff Writer
As the end of the month draws near, we brace ourselves for an announcement about the fuel price. According to the Automobile Association of South Africa (AA), consumers could be in for some relief with regards to the fuel price in November.
The AA explained: “Our mid-month concerns over stronger oil prices have been allayed by an ongoing retreat. The situation has been further strengthened by a modest flattening of the Rand / US dollar exchange rate, although there are again signs of an uptick which has the potential to affect fuel pricing towards year-end.”
According to the AA, there is likely to be a slight drop in the diesel price of between eight and nine cents per litre, while the petrol price is showing signs of a possible decrease of between 18 and 22 cents per litre.
“Fuel prices have returned to levels last seen in March of this year. However, volatility in both oil prices and the exchange rate continues to be evident, and we advise motorists not to take future price reductions for granted,” highlighted the AA.
Fuel price adjustments for November 2015 will be released by the Department of Energy on Friday 30 October.

Recent Articles

Featured Everything you should know about tax auto assessment

In 2019, the South African Revenue Service (SARS) launched a system, which was dubbed an “auto assessment”, to assist taxpayers with their annual tax returns. But what does this system entail, and how will it impact you?

What does it mean to be a registered Financial Services Provider?

You may have noticed that financial institutions state that they’re registered Financial Services Providers (FSP). But what does this actually mean, and how does this benefit you as a consumer?

Should the retirement age change?

Across the world, people are retiring later than they used to. However, retirement products are centred around set retirement ages at which point you’d be able to access your retirement savings. But how applicable is the current retirement age in South Africa?

Everything you need to know about wills

Death can leave a lot of confusion and chaos. What happens to your possessions when you die can have a profound effect on those you leave behind. But you can soften the impact by drawing up a will.


Get 30% off your gym membership with Absa student account

Price: Available on request
When: Daily
Where: Nationwide

Get 10% discount on

Price: Available on request
When: Daily
Where: Worldwide

Get up to R5 back in rewards points when buying fuel

Price: Available on request
When: Daily
Where: Nationwide

Latest Guide

Guide to debt rehabilitation solutions