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AA: Petrol price drop on cards

Johannesburg - The more favourable rand exchange rate and stable international petroleum prices could result in a fuel price drop in June, the Automobile Association of SA (AA) said on Friday.

"The current data was indicating a drop of between 26 and 30 cents per litre for petrol, and between 20 and 22 cents per litre for diesel," the AA said in a statement.

"We obviously hope that the current trends will continue so that the reductions will be bigger by the end of May. Motorists have had a tough time lately and could do with a break."

The AA said the price of illuminating paraffin could drop by 14c/litre.

On May 7, the price of all grades of petrol dropped by 15c/litre, diesel decreased by 29.78c/litre, illuminating paraffin by 25c, and LP gas by 4c.

- Fin24

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